Required information (The following information applies to the questions displayed below.) Part 1 of 2 California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $23 per share. Later in the year, the company decides to Purchase 100 shares at a cost of $26 per share. 10 points Record the purchase of treasury stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Print Journal entry worksheet References Record the purchase of treasury stock. Note: Enter debits before credits. Transaction General Journal Debit Credit Required information The following information applies to the questions displayed below.) Part 2 of 2 California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $23 per share. Later in the year, the company decides to Purchase 100 shares at a cost of $26 per share. points Record the transaction if California Surf resells the 100 shares of treasury stock at $28 per share. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) eBook View transaction list Print Journal entry worksheet References Record the sale of treasury stock. Note: Enter debits before credits. Transaction General Journal Debit Credit