CALCULATOR PRINTER VERSIONBACK NEXT RCES Exercise 13-07 a-b (Part Level Submission) On January 1, 2020, the stockholders' equity section of Whispering Winds Corporation shows common stock ($6 par value) stock transactions occurred. sion).$1,800,000; paid-in capital in excess of par $1,080,000; and retained earnings $1,150,000. During the year, the following treasury Mar. 1 Purchased 52,000 shares for cash at $15 per share. July 1 Sold 11,500 treasury shares for cash at $17 per share. Sept. 1 Sold 9,500 treasury shares for cash at $14 per share. ission) Your answer is correct. a-c mission) Journalize the treasury stock transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) 5-10 Date Account Titles and Explanation Debit Credit y Study 780000 Mar. 1 Treasury Stock Cash 780000 195500 July 1 Cash 172500 Treasury Stock 23000 Paid-in Capital from Treasury Stock Sept. 1 Cash 133000 Paid-in Capital from Treasury Stock 142500 Treasury Stock Open Show Work $15 Click if you would like to Show Work for this question: llck it you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT 2) Attempts: 2 of 3 used (b) dy Restate the entry for September 1, assuming the treasury shares were sold at $11 per share. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Sept. 14 Cash 10450 Paid-in Capital from Treasury Stock Retained Earnings reasury Stock Click if you would like to Show Work for this question: SHOW LIST OF ACCOUNTS LINK TO TEXT SAVE FOR LATER SUBMIT ANSWER Attempts: 0 of 3 used