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timed help please! Elroy Corporation repurchssed 1,100 shakes of its own stock for $50 per share. The stock has a par of $10 per share.

timed help please!
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Elroy Corporation repurchssed 1,100 shakes of its own stock for $50 per share. The stock has a par of $10 per share. A month latec, Elroy resold 275 shares of the treasury stock for $58 per share. Required a. Record the two events in general journal format. b. What is the balance of the treasury stock account afer these transactions? Complete this question by entering your answers in the tabs below. Hrist account fleld.) Journal entry worksheet Erey Cerporstion repurchased 1,100 shares of ns own stock far $50 per share. Pecord the transaction

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