Sunshine Clothing Company issues 4,200 shares of $1 par value common stock at $35 per share....

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Sunshine Clothing Company issues 4,200 shares of $1 par value common stock at $35 per share. Later in the year, the company decides to purchase 180 shares at a cost of $39 per share. Record the transaction if Sunshine resells the 180 shares of treasury stock at $35 per share. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 Record the transaction if Sunshine resells the 180 shares of treasury stock at $35 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Treasury Stock 7,020 Cash 7,020 C D Next W Sunshine Clothing Company issues 4,200 shares of $1 par value common stock at $35 per share. Later in the year, the company decides to purchase 180 shares at a cost of $39 per share. Record the transaction if Sunshine resells the 180 shares of treasury stock at $35 per share. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 Record the transaction if Sunshine resells the 180 shares of treasury stock at $35 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Treasury Stock 7,020 Cash 7,020 C D Next W