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The following information applies to the questions displayed below The following selected transactions occurred for Corner Corporation Feb. 1 Purchased 400 shares of the company's

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The following information applies to the questions displayed below The following selected transactions occurred for Corner Corporation Feb. 1 Purchased 400 shares of the company's own common stock at $20 cash per share; the stock is July 15 Issued 100 of the shares purchased on February 1 for $30 cash per share. now held in treasury Sept. 1 Issued 60 more of the shares purchased on February 1 for $15 cash per share Required i 11.11 points Required 1. Indicating the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign. Assets (8,000) 3,000 8,000) Feb. 1 July 15 reasury Stock reasury Stock Additional Paid-in Capital, Treasury Stock Sept. 1 Stock Paidin Capital, Treasury Stock

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