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Help Required information E11-8 Recording Treasury Stock Transactions and Analyzing Their Impact [LO 11-2, LO 11-3] (The following information applies to the questions displayed below] The following selected transactions occurred for Corner Corporation: Feb. 1 Purchased 420 shares of the company's own common stock at $22 cash per share; the stock is now held in July 15 Issued 110 of the shares purchased on February 1 for $32 cash per share. treasury- Sept. 1 Issued 70 more of the shares purchased on February 1 for $17 cash per share. E11-8 Part 1 Required 1. Indicate the account, amount and direction of the effect for the above transactions. (Enter any decreases to account balan o minus sign.) Liabilities Assets Prex | 7 8 9 10.of 18 Next > mework Problems (REQUIRED) 11-8 Part 1 equired: L Indicate the account, amount, and direction of the effect for the above transactions. (Enter any decreoses to account belances with a minus sign.) Feb. 1 July 15 7 8c9-10 ior 18 Next > Prex earch Required inf Journal entry worksheet 2 3 Record the purchase of 420 shares of previously issued common stock for a price of $22 per share. Note: Enter debits before credits. Date nal Feb. 1 Next> 8910 18 Required information Journal entry worksheet 2 Record the re-issuance of 110 shares of treasury stock previously purchased for a price of $22 per share and sold for a price of $32 per share. Jul. 15 Prev 8 9 10 of 18 Next > earch Journal entry worksheet 2 Record the re-issuance of 70 shares of treasury stock previously purchased for a price of $22 per share and sold for a price of $17 per share. Date Sept. 1 Clear entry

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