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Required information E11-8 Recording Treasury Stock Transactions and Analyzing Their Impact LO 11-2, LO 11-3] The following information applies to the questions displayed below) The

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Required information E11-8 Recording Treasury Stock Transactions and Analyzing Their Impact LO 11-2, LO 11-3] The following information applies to the questions displayed below) The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 419 shares of the company's own common stock at $21 cash per share; the s tock is now held in treasury July 15 Issued 105 of the shares purchased on February 1 for $31 cash per share. sept. 1 Issued 65 more of the shares purchased on February 1 for $16 cash per share. E11-8 Part 2 2. Prepare journal entries for each of the transactions. (If no entry is required for a for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Required information Journal entry worksheet 2 Record the purchase of 410 shares of previously issued common stock for a price of $21 per share. Note: Enter debits before credits. Date General Journal Debit Credit Feb. 1 Clear entry Record entry View general journal Required information Journal entry worksheet 201 3 Record the re-issuance of 105 shares of treasury stock previously purchased for a price of $21 per share and sold for a price of $31 per share. Note: Enter debits before credits. Date General Journal Debit Credit es Jul 15 Record entry Clear entry View general journal Required information Journal entry worksheet Record the re-issuance of 65 shares of treasury stock previously purchased for a price of $21 per share and sold for a price of $16 per share. Note: Enter debits before credits. DebitCredit General Journal Date Sept. 1 View general journal Clear entry Record entry

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