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The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 410 shares of the company's own common stock at $21 cash per share; the
The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 410 shares of the company's own common stock at $21 cash per share; the stock is now held in treasury. July 15 Issued 105 of the shares purchased on February 1 for $31 cash per share Sept. 1 Issued 65 more of the shares purchased on February 1 for $16 cash per share. 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.)
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