On January 1, 20X1, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000. On March 1, 20X1, the company purchased 2,000 shares of its common stock for $15 per share for the...

On January 1, 20X1, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000. On March 1, 20X1, the company purchased 2,000 shares of its common stock for $15 per share for the treasury.

Journalize the stock transactions of Wooden Company in 20X1