Moving to another question will save this response. Question 14 (4.5 Grades) On January 1, 2021, the stockholders' equity section of Seef Inc. was as follows Common stock (S10 par value) S400,000 paid in (contribute following treasury stock transactions occurred March 5. Purchased 6,000 shares for cash at $16 pem April 25: Sold 4,000 treasury shares for cash at $18 pe June 25. Sold 2.000 treasury shares for cash at $11 Required: Prepare journal entries to record the above treasury stock transactions CLEARLY INDICATE THE DEBITS & CREDITS Example XYZ Company pays $15.000 cash to purchase land Answe Dr Land 15 000 Cr Cash 15,000 For the toolbar, press ALT+F10( Por ALT+FN+F10 (Mac). BT s Paragraph V Arial 10pt 1 A2 c I. $ @ Q6 Question 45 points mar value) $400,000, paid-in (contributed) capital in excess of par value $200,000, and retained earings $150,000 During the year, the ased 6,000 shares for cash at $16 per share. 000 treasury shares for cash at $18 per share 5,000 treasury shares for cash at $11 per share ATE THE DEBITS & CREDITS IX @a 5 EE X* X 1 The -- +] 15 v