During 2013, the following selected transactions affecting stockholders' equity occurred for Corner Corporation:
| Feb. 1 |
Purchased 400 shares of the company's own common stock at $20 cash per share. |
| Jul. 15 |
Issued 100 of the shares purchased on February 1 for $30 cash per share. |
| Sept. 1 |
Issued 60 more of the shares purchased on February 1 for $15 cash per share.
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1) Indicating the account, amount, and direction of the effect (+ for increase and ? for decrease) for the above transactions.
2) Prepare the indicated journal entries for each of the transactions (a) record the purchase of 400 shares of previously issued common stock for a price of $20 per share (b) record the re-insurance of 100 shares of treasury stock previously purchased for a price of $20 per share and sold for a price of $30 per share (c) record the re-insurance of 60 shares of treasury stock previously purchased for a price of $20 per share and sold for a price of $15 per share