11 3 On January 1, 2022, the stockholders equity section of Oriole Company shows common stock ($5 par value) $1,500,000 paid in capital in excess of par $1,020,000 and retained earnings $1,160,000 During the year, the following treasury stock transactions occurred Mar 1 Purchased 48,000 shares for cash at $15 per share July 1 Sold 12,000 treasury shares for cash at $17 per share Sept 1 Sold 11,000 treasury shares for cash at $14 per share (a) Journalize the treasury stock transactions (Record journal entries in the order presented in the problem Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required, select No Entry for the account titles and enter 0 for the amounts ) Date Account Titles and Explanation Debit Credit Choose a transaction date Mar 1July 1 Enter an account title enter a debit amount enter a credit amount Enter an account title enter a debit amount enter a credit amount Choose a transaction date Mar 1July 1 Enter an account title enter a debit amount enter a credit amount Enter an account title enter a debit amount enter a credit amount Enter an account title enter a debit amount enter a credit amount Sept 1 Enter an account title for the journal entry on september 1 enter a debit amount enter a credit amount Enter an account title for the journal entry on september 1 enter a debit amount enter a credit amount Enter an account title for the journal entry on september 1 enter a debit amount enter a credit amount

Question

11 3 On January 1, 2022, the stockholders equity section of Oriole Company shows common stock ($5 par value) $1,500,000  paid in capital in excess of par $1,020,000  and retained earnings $1,160,000  During the year, the following treasury stock transactions occurred  Mar  1 Purchased 48,000 shares for cash at $15 per share  July 1 Sold 12,000 treasury shares for cash at $17 per share  Sept  1 Sold 11,000 treasury shares for cash at $14 per share  (a) Journalize the treasury stock transactions  (Record journal entries in the order presented in the problem  Credit account titles are automatically indented when amount is entered  Do not indent manually  If no entry is required, select  No Entry  for the account titles and enter 0 for the amounts ) Date Account Titles and Explanation Debit Credit Choose a transaction date Mar  1July 1 Enter an account title enter a debit amount enter a credit amount Enter an account title enter a debit amount enter a credit amount Choose a transaction date Mar  1July 1 Enter an account title enter a debit amount enter a credit amount Enter an account title enter a debit amount enter a credit amount Enter an account title enter a debit amount enter a credit amount Sept  1 Enter an account title for the journal entry on september 1 enter a debit amount enter a credit amount Enter an account title for the journal entry on september 1 enter a debit amount enter a credit amount Enter an account title for the journal entry on september 1 enter a debit amount enter a credit amount

Accepted Answer

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Mar.	1	Purchased 48,000 shares for cash at $15 per share.
July	1	Sold 12,000 treasury shares for cash at $17 per share.
Sept.	1	Sold 11,000 treasury shares for cash at $14 per share.

Question

11.3 On January 1, 2022, the stockholders equity section of Oriole Company shows common stock ($5 par value) $1,500,000; paid-in capital in excess of par

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Date	Account Titles and Explanation	Debit	Credit
Choose a transaction date Mar. 1July 1	Enter an account title	enter a debit amount	enter a credit amount
	Enter an account title	enter a debit amount	enter a credit amount
Choose a transaction date Mar. 1July 1	Enter an account title	enter a debit amount	enter a credit amount
	Enter an account title	enter a debit amount	enter a credit amount
	Enter an account title	enter a debit amount	enter a credit amount
Sept. 1	Enter an account title for the journal entry on september 1	enter a debit amount	enter a credit amount
	Enter an account title for the journal entry on september 1	enter a debit amount	enter a credit amount
	Enter an account title for the journal entry on september 1	enter a debit amount	enter a credit amount