Southem Amusements Corporation had the following stockholders' equity on November 30 (Click the icon to view the stockholders' equity) On December 30, Southem purchased 200 shares of treasury stock at $15 per share Read the requirements Requirement 1. Journalize the purchase of the treasury stock (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Dec 30 Accounts and Explanation Debit Credit Data Table Stockholders' Equity Paid-In Capital Common Stock-$5 Par Value: 1.300 shares authorized, 250 shares issued and outstanding B 1250 3.750 Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity 5.000 50.000 55.000 Print Done