Use the following information for the Brief Exercises below

[The following information applies to the questions displayed below.] California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $33 per share. Later in the year, the company decides to Purchase 100 shares at a cost of $36 per share.

Brief Exercise 10-8 Record purchase of treasury stock (LO10-4)

Record the purchase of treasury stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)