View Policies Current Attempt in Progress The original sale of the $50 par value common shares of Culver Company was recorded as follows: 261,000 Cash 225,000 Common Stock 36,000 Paid-in Capital in Excess of Par Transactions: (a) Bought 400 shares of common stock as treasury shares at $62. (b) Sold 120 shares of treasury stock at $60. (c) Sold 70 treasury shares at $67. Record the treasury stock transactions (given above) under the cost method. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit NO Account Titles and Explanation Record the treasury stock transactions (given above) under the cost method. (Credit account titles are automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit (a) (b)