Use the following information to answer the question below. On January 1, 2010, Falcon Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $17 per share. On February 1, 2010, Falcon purchased 1,000 shares of treasury stock for $19 per share and later sold the treasury shares for $26 per share on March 2, 2010.
The entry to record the sale of the treasury shares on March 2, 2010 is

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The Answer of Use the following information to answer the question below. On January 1, 2010, Falcon Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $17 per share. On February 1, 2010, Falcon purchased 1,000 shares of treasury stock for $19 per share and later sold the treasury shares for $26 per share on March 2, 2010.
The entry to record the sale of the treasury shares on March 2, 2010 is

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