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Required information [The following information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: February 1 Purchased 550 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: February 1 Purchased 550 shares of the company's own common stock at $35 cash per share; the stock is now held in treasury. July 15 Issued 175 of the shares purchased on February 1 for $45 cash per share. September 1 Issued 135 more of the shares purchased on February 1 for $30 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.) Journal entry worksheet Record the purchase of 550 shares of previously issued common stock for a price of $35 per share. Note: Enter debits before credits. Journal entry worksheet Record the re-issuance of 175 shares of treasury stock previously purchased for a price of $35 per share and sold for a price of $45 per share. Note: Enter debits before credits. Journal entry worksheet Record the re-issuance of 135 shares of treasury stock previously purchased for a price of $35 per share and sold for a price of $30 per share. Note: Enter debits before credits

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