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3. A company has 10,000 shares of s10 par common stock outstanding. Present entries to record the following (a) Purchased 1.000 shares of treasury stosk

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3. A company has 10,000 shares of s10 par common stock outstanding. Present entries to record the following (a) Purchased 1.000 shares of treasury stosk at $13. The treasury stock is accounted for by the (b) Sold 500 shares of treasury stock at $15 (e) Purchased equipment for $75,000, paying $25,000 in cash and issuing 4,000 shares of cost method common stock for the equipment. Sold s00 shares (d) of treasury stock at S11 5.500 Journal DATE REF DEBIT CREDIT

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