Required Informetion Williamson Corporation's Board authorized 81,000 shares of common stock with $3 par value. During the first year, Williamson: a. Sold 59.000 shares of common stock for cash at $44 per share. b. Repurchased 6,000 shares at $46 per share. Pequlred: Prepare the journal entry required for each of these transactions. Jote: If no entry Is required for o trensection/event, select "No journal entry required" In the flrst account fleld. Journal entry worksheet Sold 59,000 shares of common stock for cash at $44 per share. Note: Enter debits before credits