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Information taken from Nanotec Security Inc.'s January 31, 2020, balance sheet follows: Common...

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Information taken from Nanotec Security Inc.'s January 31, 2020, balance sheet follows: Common shares, 600,000 shares authorized, 52,000 shares issued and outstanding Retained earnings $650,000 84,850 On February 1, 2020, the company repurchased and retired 1,500 common shares (the first retirement the company has recorded). Required: Prepare General Journal entries to record the repurchase and retirement under each of the following independent assumptions. The shares were repurchased for: a. $10.00 per share b. $12.50 per share c. $15.00 per share View transaction list Journal entry worksheet Record the retirement of shares for $10.00 per share. Note: Enter debits before credits. Date General Journal Debit Credit Feb. 01, 2020 Record entry Clear entry View general journal

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