Surfer Girl Clothing Company issues 4,300 shares of $1 par value common stock at $47 per share. Later in the year, the company decides to purchase 270 shares at a cost of $49 per share.

Record the transaction if Surfer Girl resells the 270 shares of treasury stock at $47 per share.

Journal entry worksheet Record the transaction if Surfer Girl resells the 270 shares of treasury stock at $47 per share. Note: Enter debits before credits