Reacquisition of Common Stock

November $15,$ the company sold $500$ treasury shares for $$33$ per share.

a$.$ Record the entry on January $1$ for the issuance of common stock.

b$.$ Record the entry on June $15$ for the purchase of common shares for the treasury.

c$.$ Record the entry on November $15$ for the sale of treasury shares at $$33$ per share.

d$.$ Assume that on December $31,$ all remaining treasury shares are retired. Provide the entry for subsequent retirement of treasury shares.

retirement of common shares.