Recording Treasury Stock Transactions On january 2, Liberty Corporation was authorized to issue 260,000 shares of 55 par value common stock. Liberty issued 52,000 shares of common stock on January 15 at $15 per share. Required a. Record the entry on June 30 for purchase of 5,720 common shares for the treasury at $18 per share. b. Record the entry on September 20 for sale of 2,080 treasury shares at $21 per share. c. Record the entry on November 3 for sale of 1,300 treasury shares at $17 per share. d. Record the entry on December 15 for sale of 1,040 treasury shares at $13 per share