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Reeves, Inc. had 1,000,000 shares of $45 par common stock outstanding. Jan. 1 Repurchased 1,000 shares of stock at $55 per share June 9 Reissued

Reeves, Inc. had 1,000,000 shares of $45 par common stock outstanding.

Jan. 1 Repurchased 1,000 shares of stock at $55 per share

June 9 Reissued 500 shares of stock at $59 per share

Aug. 11 Reissued 300 shares of stock at $50 per share

Show the journal entry to record the Aug. 11 transaction.

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