Accounting for Treasury Stock

On January 20, 2013, Spring Hope Corporation repurchases 2,600 shares of its outstanding common stock for $9 per share. On April 3, 2013, Spring Hope sells 700 shares of treasury stock for $13 per share. On October 29, 2013, Spring Hope sells the remaining 1,900 shares of its treasury stock for $6 per share.

Required:

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Prepare the journal entries to record these transactions. For a compound transaction, if an amount box does not require an entry, leave it blank.

2013 Jan. 20
	(Record purchase of treasury shares)
Apr. 3
	(Record reissue of treasury shares)
Oct. 29
	(Record reissue of treasury shares)