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Required information [The following information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: February 1 Purchased 430 shares of the company's own common stock at $23 cash per share; the stock is now held in treasury. July 15 Issued 115 of the shares purchased on February 1 for $33 cash per share. September 1 Issued 75 more of the shares purchased on February 1 for $18 cash per share. Required: 1. Indicate the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances a minus sign.) Answer is not complete
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