Worldwide Company obtained a charter from the state in January that authorized 200,000 shares of common stock, $10 par value. During the first year, the company earned $37,400, declared no dividends, and the following selected transactions occurred in the order given:

1. Issued 52,000 shares of the common stock at $12 cash per share.
2. Reacquired 1,200 shares at $15 cash per share from stockholders; the shares are now held in treasury.
3. Reissued 600 of the shares in transaction (b) two months later at $18 cash per share.

2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)