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On February 1, 2018, Morgan corporation issued 15,000 shares of $10 par value common stock for $15 per share. On April 3, 2018, Morgan reacquired 1,000 of these shares when they were trading $25 each

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On February 1, 2018, Morgan corporation issued 15,000 shares of $10 par value common stock for $15 per share. On

April 3, 2018, Morgan reacquired 1,000 of these shares when they were trading $25 each. Use this information to prepare the General Journal entries (without explanation) for February 1 and April 3.

 
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