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The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 430 shares of the companys own common stock at $23 cash per share; the

The following selected transactions occurred for Corner Corporation:

Feb. 1 Purchased 430 shares of the companys own common stock at $23 cash per share; the stock is now held in treasury.
July 15 Issued 115 of the shares purchased on February 1 for $33 cash per share.
Sept. 1 Issued 75 more of the shares purchased on February 1 for $18 cash per share.

Journal Entries

1) Record the purchase of 430 shares of previously issued common stock for a price of $23 per share.

2) Record the re-issuance of 115 shares of treasury stock previously purchased for a price of $23 per share and sold for a price of $33 per share.

3) Record the re-issuance of 75 shares of treasury stock previously purchased for a price of $23 per share and sold for a price of $18 per share.

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