relse 11-12A Treasury stock transactions LO 11-5 Elroy Corporation repurchased 2000 shares of its own stock for $40 per share. The stock has a per of $20 per here Amorth We Elroy resold 500 shares of the treasury stock for $48 per share Required a. Record the two events in general journal format of no entry is required for a transaction event, select "No journal entry retured In the first account field.) View transaction est Journal entry worksheet 1 2 Record the repurchase of own stock Not Enter debts before General Journal Event 1 Debit Credit Record entry Clear entry View general Record entry Clear entry View genera b. What is the balance of the treasury stock account after these transactions? Balance of treasury stock