Required information (The following information applies to the questions displayed below.) Worldwide Company obtained a charter from the state in January that authorized 200,000 shares of common stock, $10 par value. During the first year, the company earned $37,700, declared no dividends, and the following selected transactions occurred in the order given: a. Issued 55,000 shares of the common stock at $12 cash per share. b. Reacquired 1,500 shares at $15 cash per share from stockholders; the shares are now held in treasury. c. Reissued 750 of the shares in transaction (b) two months later at $18 cash per share. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry equired" in the first account field.) View transaction list Journal entry worksheet Record the purchase of 1,500 shares of previously issued common stock for a price of $15 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit b + Record entry Clear entry View general journal Journal entry worksheet