Purchase and resale of Treasury Stock (Chapter 13). Record journal entries for purchase and resale of Treasury stock. Each journal entry is worth 6 points (18 total points)

Use the following information to answer the next three questions. Samuelson Company purchased 20,000 shares of its stock for $25 per share on August 18, 2013. At that time, the company had $8,000CR in Paid in Capital from Treasury Stock, and a balance of $100,000CR in Retained Earnings. On November 10, 2013, the company sold 3,000 shares of the Treasury stock (cost $25), for $28 per share. On December 2, 2013 the company sold another 10,000 shares of the Treasury stock for $20 per share.

Prepare the journal entry to record the August 18, 2013 purchase of Treasury stock

Prepare the journal entry to record the November 10, 2013 sale of Treasury stock

Prepare the journal entry to record the December 2, 2013 sale of Treasury stock(HINT: Retained Earnings is affected)