Recording Treasury Stock Transactions On January 2, Liberty Corporation was authorized to issue 260,000 shares of $5 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. \begin{tabular}{|l|l|l|} \hline & IssuedShares & OutstandingShares \\ \hline 1. June 30. & 0 & 0 \\ \hline 2. Sept. 20. & 0 & 0 \\ \hline 3. Nov. 3. & 0 & 0 \\ \hline 3. Dec. 15. & 0 & 0 \\ \hline \end{tabular}