Recording Treasury Stock Transactions On January 2, 2020, Liberty Corporation was authorized to issue 200,000 shares of $5 par value common stock. Liberty issued 40,000 shares of common stock on January 15, 2020, at $15 per share. Required a. Record the entry on June 30, 2020, for purchase of 4,400 common shares for the treasury at $18 per share. b. Record the entry on September 20, 2020, for sale of 1,600 treasury shares at $21 per share. c. Record the entry on November 3, 2020, for sale of 1,000 treasury shares at $17 per share. d. Record the entry on December 15, 2020, for sale of 800 treasury shares at $13 per share. Note: List multiple debits (when applicable) in alphabetical order and list multiple credits (when applicable) in alphabetical order. Dr. cr Date a. June 30, 2020 79,200 b. Sept. 20, 2020 Account Name Treasury Stock Cash Cash Paid-in Capital Treasury Stock Treasury Stock Cash Paid-in Capital-Treasury Stock Treasury Stock Cash Paid-in Capital-Retired Stock Retained Earnings Treasury Stock c. Nov. 3, 2020 0 79,200 0 25,600 x 8,000 x 0 0 0 x 40,200 x 33,600 0 0 0 x 17,000 x 23,200 x 0 x 10,400 x OX d. Dec. 15, 2020 0 e. Determine the number of shares issued and the number of shares outstanding on the following dates (after transactions have been recorded): June 30, 2020; September 20, 2020; November 3, 2020; and December 15, 2020 Issued Outstanding Shares Shares 1. June 30, 2020 4,400 x OX 2. Sept. 20, 2020 1,600 x 3. Nov. 3, 2020 1,000 x 3. Dec. 15, 2020 800 x Ox