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7 E11-15 Recording and Analyzing Treasury Stock Transactions LO11-3 During the year the following selected transactions affecting stockholders' equlty occurred for Orlando Corporation: 0.55 points
7 E11-15 Recording and Analyzing Treasury Stock Transactions LO11-3 During the year the following selected transactions affecting stockholders' equlty occurred for Orlando Corporation: 0.55 points 3. Apr. 1 Repurchased 2 shares of the company's own common stock at $32 cash per share. b. Jun 14 Sold 110 shares the shares purchased on April 1 for $37 cash per share. c. Sept 1 Sold 100 shares of the shares purchased on April 1 for $27 cash per share, eBook Hint Required: 1. Prepare journal entries for each of the above transactions, (if no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) Print View transaction list Reference Journal entry worksheet 1 2 3 Repurchased 250 shares of the company's own common stock at $32 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry View general journal Clear entry
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