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a. 3. True Discount Furniture, Inc., completed the following treasury stock transactions: Purchased 8,000 shares of the company's $10 par common stocks as treasury stock,
a. 3. True Discount Furniture, Inc., completed the following treasury stock transactions: Purchased 8,000 shares of the company's $10 par common stocks as treasury stock, paying cash of $25 per share. b. Sold 3500 shares of the treasury stock for cash of $30 per share. Sold the remaining shares of the treasury stock for cash of $20 per share. Required: Journalize these transactions. C
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