Remaining Time: 1 hour, 33 minutes, 42 seconds Question Completion Status: 1 4 505 7 B 9 10 11 Moving to another question will save this response Question 3 (4.5 Grades) S On January 1, 2021, the stockholders equity section of Seet toc. was as follows Common stock ($10 par value) $400,000: paid-in (contributed) capital in secess of per vale $2,000; and retained earnings $150,000. During the year, the following treasury stock transactions occured March 5 Parchased 6,000 shares for cash at $15 per share April 25: Sold 4.000 sreasury shares for cash at $15 per share June 25 Sold 2,000 treasury shares for cash at $11 per share Required: Prepare journal entries to record the above treasury stock transactions Example: XYZ Company pays $15,000 cash to purchase and Answer Dr. Land Cr. Cash 15,000 15,000 For the toolbar, press ALT+F10(PC) or ALTN30 (Mac) B 1 Paragraph US xx, T Arial r 1 = 2 " 10pt 0 CLEARLY INDICATE THE DEBITS & CREDITS FR " B EA Me 199 L