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need help on 7 and 8. please show work 7. Treasury Stock On...

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Accounting

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need help on 7 and 8. please show work
7. Treasury Stock On February 1, 2020, Cue Company acquired 1,000 shares of its \$1 par value stock for \$47 per share and held these shares in treasury. On April 10, 2020, Cue resold all the treasury shares for $50 per share. Which of the following entries would be recorded when Cue Company resells the shares of treasury stock? 8. Common Stock Issuance Survivor Company was formed on January 1, 2020, by selling and issuing 20,000 shares of common stock at $15 per share, with a par value of \$1. Prepare the journal entry to record the sale and issuance of the common stock

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