Oregon Outlitters lssues 1,200 shares of $1 par value common stock at $20 per share....
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Oregon Outlitters lssues 1,200 shares of $1 par value common stock at $20 per share. Later in the year, the company decides to purchase 290 shares at a cost of $19 per share. (1) Record the original issue of the 1,200 shares, (2) Recard the purchase of 290 shares, and (3) Record the entry if Oregon Outfitters resells the 290 shares of treasury stock at $26 per share, (If no entry is reculred for a particular transaction/event, select "No Journal Entry Required" in the first account fieldy ) Journal entry worksheet 3 Record the orlginal issue of the 1,200 shares. Nate: Enter detats before credits
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