Questions 45 points (4.5 Grades) On January 1, 2021, the stockholders equity section of Scotloc was as follows Common stock (510 pat value) S400,00, pand in contre copt in excess of value $200,000, and retained earnings $150,000. During the year, the following treasury stock transactions occurred March 5. Purchased 6,000 shares for cash al 516 per share April 25. Sold 4,000 treasury shares for cash at $10 per share June 25. Sold 2,000 treasury shares for cash at $11 por share Required: Prepare journal entries to record the above treasury stock transactions CLEARLY INDICATE THE DEBITS & CREDNTS Example: XYZ Company pays $15,000 cash to purchase land Answer Dr Band 15.000 Gr. Cash 15,000 For the toolbar, press ALT+F10 (POOR ALT INF10 (Mac) BTU $ Paragraph Arial 10pt E A ++