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Accounting for Stock Issuances Plesko Corporation reported the following transactions relating to its stock accounts during the year. Jan. 31 Issued 10,000 shares of $5

Accounting for Stock Issuances Plesko Corporation reported the following transactions relating to its stock accounts during the year.

Jan. 31 Issued 10,000 shares of $5 par value common stock at $17 cash per share.
Mar. 31 Purchased 2,000 shares of its own common stock at $15 cash per share.
June 25 Reissued 1,000 shares of its treasury stock at $20 cash per share.

Show the financial impact of each transaction using the financial statement effects template. Note: For each account category, indicate the appropriate account name. Enter "N/A" for any account category that is not used for a given transaction. Note: Indicate a decrease in an account category by including a negative sign with the amount.

Balance Sheet Income Statement
Cash Noncash Contrib. Earned Contra Net
Transaction Asset + Assets = Liabilities + Capital + Capital - Equity Revenues - Expenses = Income
(1) Jan. 15 - Issued shares of Answer Answer 0 Answer Answer Answer Answer Answer Answer
common stock. AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A = N/A Common stock AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A - AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A =
Answer
AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A
(2) Mar. 31 - Purchased shares Answer Answer 0 Answer Answer Answer Answer Answer
of treasury stock. AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A = N/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A =
(3) June 25 - Reissued shares of Answer Answer 0 Answer Answer Answer Answer Answer Answer
treasury stock purchased Mar. 31. AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A = N/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A AnswerCashCommon stockAdditional paid-in capitalTreasury stockRetained earningsN/A =

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