Required information E11 8 (Algo) Recording Treasury Stock Transactions and Analyzing Their Impact LO 11 2, LO 11 3 Skip to question The following information applies to the questions displayed below The following selected transactions occurred for Corner Corporation February 1 Purchased 410 shares of the companys own common stock at $21 cash per share the stock is now held in treasury July 15 Issued 105 of the shares purchased on February 1 for $31 cash per share September 1 Issued 65 more of the shares purchased on February 1 for $16 cash per share E11 8 (Algo) Part 1 Required Indicate the account, amount, and direction of the effect for the above transactions (Enter any decreases to account balances with a minus sign )

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Required information E11-8 (Algo) Recording Treasury Stock Transactions and Analyzing Their Impact [LO 11-2, LO 11-3] Skip to question [The following information applies to the

Required information

E11-8 (Algo) Recording Treasury Stock Transactions and Analyzing Their Impact [LO 11-2, LO 11-3]

Skip to question

[The following information applies to the questions displayed below.]

The following selected transactions occurred for Corner Corporation:

February 1	Purchased 410 shares of the companys own common stock at $21 cash per share; the stock is now held in treasury.
July 15	Issued 105 of the shares purchased on February 1 for $31 cash per share.
September 1	Issued 65 more of the shares purchased on February 1 for $16 cash per share.

E11-8 (Algo) Part 1

Required:

Indicate the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.)