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$36 per share. On June 14,9,400 of the reacquired shares were sold at $38 per share, and on November 23,3,600 of the reacquired shares were sold at $39. a. Journalize the transactions of January 31 , June 14 , and November 23 . For a compound transaction, if an amount box does not require an entry, leave it blank. Feedback " Check My Work mind the price paid to buy the treasury stock and the price the shares are resold for at a later date. b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? c. What is the balance in Treasury Stock on December 31 of the current year? common stock. The following selected transactions were completed during the first year of operations: Journalize the transactions. July. 1. Issued 155,000 shares of common stock at par for cash. July. 1 Feedback T Check My Work What is the company receiving and at what price is the stock being issued? July. 1 Issued 450 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation. July. 1 Feedback T Check My Work Recall that stock may be issued for reasons other than to receive cash. What are these shares paying for? Aug. 7. Issued 25,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $91,000, $497,000, and $112,000, respectively. For a compound transaction, if an amount box does not require an entry, leave it blank. Aug. 7. Issued 25,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $91,000,$497,000, and $112,000, respectively. For a compound transaction, if an amount box does not require an entry, leave it blank. Au Feedback Theck My Work Sept. 20. Issued 33,000 shares of preferred stock at $48 for cash. For a compound transaction, if an amount box does not require an entry, leave it blank