Record the purchase of treasury stock

California Surf Clothing Company issues 1,000 shares of 51 par value common stock at $16 per share. Later in the year, the company decides to purchase 100 shares at a cost of $19 per share. Record the purchase of treasury stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field.) 2.51 View transaction list Journal entry worksheet Record the purchase of treasury stock. Note Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal