Treasury Stock Transaction
Nature corporation engaged in the folloiwing treasury transactions during current year.
Aug 25 - Purchased 4,000 shares of treasury stock at $50 per share.
Oct 10 - Reissued 1,500 shares of treasury stock acquired on Aug 25 at price of $58 per share.
Dec 15 - Reissued 1,000 shares of treasury stock at $46 per share
Complete three journal entries to record these treasury stock transactions.© BrainMass Inc. brainmass.com June 4, 2020, 2:01 am ad1c9bdddf
The expert examines treasury stock transactions for complete journal entries.