Record in T accounts the following stock transactions of Theodakis Corporation, which represent all its treasury stock
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Record in T accounts the following stock transactions of Theodakis Corporation, which represent all its treasury stock transactions for the year:
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June 1 Purchased 2,000 shares of its own $30 par value common stock for $70 per share, the current market price. 10 Sold 500 shares of treasury stock purchased on June 1 for $80 per share. 20 Sold 700 shares of treasury stock purchased on June 1 for $58 per share. 30 Retired the remaining shares purchased on June 1. The original issue price was $42 per share.
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