[The following information applies to the questions displayed below.]

The following selected transactions occurred for Corner Corporation:

Feb.	1		Purchased 550 shares of the companys own common stock at $35 cash per share; the stock is now held in treasury.
July	15		Issued 175 of the shares purchased on February 1 for $45 cash per share.
Sept.	1		Issued 135 more of the shares purchased on February 1 for $30 cash per share.

Required information (The following information applies to the questions displayed below.) The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 550 shares of the company's own common stock at $35 cash per share; the stock is now held in treasury. July 15 Issued 175 of the shares purchased on February 1 for $45 cash per share. Sept. 1 Issued 135 more of the shares purchased on February 1 for $30 cash per share. 2. Prepare journal entries for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 12 3 > Record the purchase of 550 shares of previously issued common stock for a price of $35 per share. Note: Enter debits before credits. General Journal Debit Credit Date Feb. 1 Record entry Clear entry View general journal Required information (The following information applies to the questions displayed below.) The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 550 shares of the company's own common stock at $35 cash per share; the stock is now held in treasury. July 15 Issued 175 of the shares purchased on February 1 for $45 cash per share. Sept. 1 Issued 135 more of the shares purchased on February 1 for $30 cash per share. 2. Prepare journal entries for each of the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 12 3 > Record the purchase of 550 shares of previously issued common stock for a price of $35 per share. Note: Enter debits before credits. General Journal Debit Credit Date Feb. 1 Record entry Clear entry View general journal