Question 1.5.Graden On January 1, 2021 the stockholders' equity section of Scofine was as to come 10 SACO excess of par value $200.000 and retained earrings $150.000 During the year, the foreign March Purchased 6.000 shares for cash 16 per April 26: Sold 4,000 sury Shares for cash 16 pet share June 20 Sold 2.000 treasury shares for cash 511 per Required: Prepare journal entries to record the above treasury shock transaction CLEARLY INDICATE THL DEBITS & CREDITS Example: XYZ Company pays $15,000 cash to purchase and Answer: Dr Land 15.000 Cr Cash 15.000 For the toolbar, press ALTF10 (PC or ALTHFN-10 (Mac) B TV S Paragraph Arial 10 6 x X, A T. X 11 12 (1) 9 DELL