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3 Exercise 11-13A (Algo) Recording and reporting treasury stock transactions LO 11-5 15 The following information pertains to JAE Corp at January 1, Year 1:

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3 Exercise 11-13A (Algo) Recording and reporting treasury stock transactions LO 11-5 15 The following information pertains to JAE Corp at January 1, Year 1: points Conton stock, 58 par, 11, eee shares authorized, 2,200 shares issued and outstanding Paid in capital in excess of par, comon stock Retained earnings $17,600 14,600 51,400 eBook JAE Corp completed the following transactions during Yeart: Hint Print 1. Issued 1150 shares of $8 par common stock for $29 per share. 2. Repurchased 180 shares of its own common stock for $26 per share. 3. Resold 50 shares of treasury stock for $27 per share o References Required .. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Complete this question by entering your answers in the tabs below. Reg A and B Reqc Reg D How many shares of common stock were outstanding and issued at the end of the period? a. Outstanding shares at the end of the period b Issued shares at the end of the period Rex and Reqc > 3 3. Nesold shares of treasury stock for $2/ per share 15 points Required a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions look Complete this question by entering your answers in the tabs below. H He A and Reg Feb Organize the transactions data in accounts under the accounting equations (Enter any decreased to account balances with a minus sion. Not all cells require Input.) Ierences JAE CORPORATION Accounting Equation for the Year 1 Stockholders' Equity Assets Event Cash Liabilities Common Stock Paldin Capital In Excess Common Stock Paid in Capital In Excess Treasury Stock Treasury Stock Retained Earings + Beg bal 1 2 3 End, bal 3 3. Resold 50 shares of treasury stock for $27 per share 1.5 points Required o. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions eBook Complete this question by entering your answers in the tabs below. Hint Reg A and B Reqc Reg D Prepare the stockholders' equity section of the balance sheet reflecting these transactions Print o JAE CORPORATION Balance Sheet (Partial) As of December 31 References Stockholders' Equity Common stock Dividends Pald-in capital in excess of cost, treasury stock Pald-in capital in excess of par, common stock

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