Required Information (The following information applies to the questions displayed below.) Worldwide Company obtalned a charter from the state In January that authorized 200,000 shares of common stock, $10 par value. Durlng the first year, the company earned $37,40o, declared no dlvidends, and the following selected transactions occurred In the order glven: a. Issued 52,000 shares of the common stock at $12 cash per share. b. Reacquired 1,200 shares at $15 cash per share from stockholders; the shares are now held In treasury. C. Relssued 600 of the shares In transaction (b) two months later at $18 cash per share. 2. Prepare Journal entrles to record each transaction. (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 2 3. Record the issuance of 52,000 shares of common stock with a par value $10 for a price of $12 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit