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3 journal entries 1 2 3 TheNichols Corp. had the following treasury stock transactions. Date Account Title Debit 4 5 5. 7 1-Oct The company

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3 journal entries 1 2 3 TheNichols Corp. had the following treasury stock transactions. Date Account Title Debit 4 5 5. 7 1-Oct The company purchased 1,000 shares of its common stock for $50 per share for the treasury. 3 1-Nov 300 of the treasury shares were sold for $52 per share. 1-Dec 200 treasury shares were sold at $46 per share. Prepare the necessary journal entries for the above transactions. +

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