Requirement 1. Journalize the purchase of the treasury stock. (Record debits first, then credits. Select the expla Date Accounts and Explanation Debit Credit Dec. 30 Cash Common Stock-$5 Par Value Common Stock Dividend Distributable Dividends Payable-Common Paid-in Capital from Treasury Stock Transactions Paid-in Capital in Excess of ParCommon Choose from an Retained Earnings Treasury Stock-Common remaining heck Answer 2 parts Clear All Requirement 1. Journalize the purchase of the treasury stock. (Record debits first, then credits. Select the expla Debit Accounts and Explanation Date Credit Dec. 30 heck Answer Declared a cash dividend. Choose from an issued common stock for cash. Purchased treasury stock. 2 parts remaining ( Sold treasury stock at cost. Clear All sha Stockholders' Equity Paid-In Capital Common Stock-$5 Par Value, 1.300 shares irst $ 650 authorized, 130 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital 1,950 2,600 61,000 Retained Earnings Total Stockholders' Equity $ 63,600 E13-25 (similar to) Mountain Amusements Corporation had the following stockholders' equity on November 30: BB Click the icon to view the stockholders' equity.) On December 30, Mountain purchased 100 shares of treasury stock at $10 per share. Read the requirements