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 $38,900, declared no dividends, and the following selected transactions occurred in the order given: a. Issued 67000 shares of the common stock at $11 cash per share. b. Reacquired 2,700 shares at $14 cash per share from stockholders; the shares are now held in treasury. c. Reissued 1,350 of the shares in transaction (b) two months later at $17 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.) Journal entry worksheet Record the issuance of 67,000 shares of common stock with a par value $10 for a price of $11 per share. to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the purchase of 2,700 shares of previously issued common stock for a price of $14 per share. rint nter debits before cr General Journal bit K Prev2 3 of 7 Next> 2 2. Prepare journal entries to record each transaction (f no entry is required for a transaction/event, select "No Journal Entry ert 2 of 3 4.28 Journal entry worksheet Record the re-issuance of 1,350 shares of treasury stock previously purchased for a price of $14 per share and sold for $17 per share. Print References K Prev