Required information [The following information applies to the questions displayed below.] Williamson Corporation was organized to operate a tax preparation business. The charter authorized the following stock: common stock, $9 par value, 91,000 shares authorized. During the first year, the following selected transactions were completed: a. Sold 69,000 shares of common stock for cash at $51 per share. b. Repurchased 10,000 shares from a stockholder for cash at $53 per share. 1 2 Sold 69,000 shares of common stock for cash at $51 per share. Note: Enter debits before credits. Transaction a. General Journal Debit Credit < 1 2 Repurchased 10,000 shares from a stockholder for cash at $53 per share. Note: Enter debits before credits. Transaction b. General Journal Debit Credit