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10. On February 5th, a corporation purchased 3,000 shares of its own common stock at $20 per share. On June 6th, a total of 500
10. On February 5th, a corporation purchased 3,000 shares of its own common stock at $20 per share. On June 6th, a total of 500 treasury shares were sold at $22.50 per share. On November 7", a total of 1,000 treasury shares were sold at $18.50 per share. These are the only treasury stock transactions ever made by the corporation. Prepare the journal entries required on February 5th, June 6th, and November 7th
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