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Required information The following information applies to the questions displayed below. The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 489 shares of

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Required information The following information applies to the questions displayed below. The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 489 shares of the company's own common stock at $28 cash per share; the stock is now held in treasury July 15 Issued 188 of the shares purchased on February 1 for $38 cash per share. Sept. 1 Issued 68 more of the shares purchased on February 1 for $15 cash per share Required Indicate the account, amount, and direction of the effect for the above transactions, (Enter any decreases to account balances with minus sign.) Assets Feb 1 July 15 Sopt 1

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