=+EX 13-12 Treasury stock transactions objs. 5, 6

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b. $54,000 credit Sweet Water Inc. bottles and distributes spring water. On July 15 of the current year, Sweet Water Inc. reacquired 24,000 shares of its common stock at $60 per share. On August 10, Sweet Water Inc. sold 19,000 of the reacquired shares at $63 per share. The remaining 5,000 shares were sold at $56 per share on December 18.

a. Journalize the transactions of July 15, August 10, and December 18.