The following selected transactions occurred for Comer Corporation Fob 1 Purchased 600 shares of the companty's own common stock at $40 cash per share, the stock a now hela in treasury July 15 Issued 200 of the shares purchased on February 1 for $50 cash per share Sept. 1 1ssued 160 more of the shares purchased on February 1 for $35 cash per share. References E11-8 Recording Treasury Section Break Stock Transactions and Analyzing Their Impact [LO 11 2. LO 11-3 Requtred Indormation 0.75 points E11-8 Part 1 Required 1. Indicating the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balanoes with a minus sign.) Assets Stockholders Equity Feb. 1 July 15 Sept. 1 2. Prepare the indicated 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 Import a new list Record the purchase of 600 shares of previously issued common stock for a price of $40 per share. 1 ce of $40 Record the re-issuance of 200 shares of treasury stock previously purchased for a price of $40 per share and sold for a price of $50 per share. 2 Record the re-issuance of 160 shares of treasury stock previously purchased for a price of $40 per share and sold for a price of $35 per share 3 Credit Note:journal entry has been entered Clear entry Record entry View general journal