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The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 560 shares of the company's own common stock at $36 cash per share; the
The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 560 shares of the company's own common stock at $36 cash per share; the stock is now held in treasury uly 15 Issued 180 of the shares purchased on February 1 for $46 cash per share. Sept. 1 Issued 140 more of the shares purchased on February 1 for $31 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 Record the purchase of 560 shares of previously issued common stock for a price of $36 per share. Record the re-issuance of 180 shares of treasury stock previously purchased for a price of $36 per share and sold for a price of $46 per share Record the re-issuance of 140 shares of treasury stock previously purchased for a price of $36 per share and sold for a price of $31 per share Note: Enter debits before credits. Date General Journal Debit Credit Feb. 1 Record entry Clear entry View general journal
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