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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 500 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 500 shares of the company's own common stock at $30 cash per share; the stock is now held in treasury. July 15 Issued 150 of the shares purchased on February 1 for $40 cash per share. Sept. 1 Trued 110 more of the shares purchased on February 1 for $25 cash per share. 2. Prepare journal entries 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 Record the purchase of 500 shares of previously issued common stock for a price of $30 per share. Note: Enter debits before credits. Date General Journal Debit Credit Feb. 1 View transaction list ped Journal entry worksheet Record the re-issuance of 150 shares of treasury stock previously purchased for a price of $30 per share and sold for a price of $40 per share. Note: Enter debits before credits. Date General Journal Debit Credit Jul. 15 Record entry Clear entry View general journal View transaction list oped Journal entry worksheet

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