Question: The values I put for debit and credit were incorrect. Elroy Corporation repurchased 3,000 shares of its own stock for $55 per share. The stock

Elroy Corporation repurchased 3,000 shares of its own stock for $55 per share. The stock has a par of $10 per share. A month later, Elroy resold 750 shares of the treasury stock for $63 per share. Required a. Record the two events in general journal format. b. What is the balance of the treasury stock account after these transactions? Complete this question by entering your answers in the tabs below. Required A Required B Record the two events in general journal format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet B The stock has a par of $10 per share. A month later. Elrov resold 750 shares es View transaction list Journal entry worksheet
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