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Business, 04.06.2020 18:01 fainet

Oregon Outfitters issues 2,000 shares of $1 par value common stock at $18 per share. Later in the year, the company decides to repurchase 130 shares at a cost of $19 per share. (1) Record the original issue of the 2,000 shares,

(2) Record the repurchase of 130 shares, and

(3) Record the entry if Oregon Outfitters reissues the 130 shares of treasury stock at $26 per share. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

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Oregon Outfitters issues 2,000 shares of $1 par value common stock at $18 per share. Later in the ye...

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