[The following information applies to the questions displayed below.] Williamson Corporation was organized to operate a tax preparation business. The charter authorized the following stock: common stock, $5 par value, 83,000 shares authorized. During the first year, the following selected transactions were completed: a. Sold 63,000 shares of common stock for cash at $41 per share. b. Repurchased 2,000 shares at $43 per share. E11-7 Part 1 Required: 1. Prepare the journal entry required for each of these transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Required intormation Journal entry worksheet 1 Repurchased 2,000 shares at $43 per chare. Wote. Enter debits bedore crestat