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After being in business for several years and issuing its common stock to the public. Bargain Centraline, completed the following treasury stock transactions (Click the

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After being in business for several years and issuing its common stock to the public. Bargain Centraline, completed the following treasury stock transactions (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalce these transactions. Explanations are not required. (Record debit first, then credits Exclude explanations from any journalis) Begin by joumalizing the purchase of the treasury stock Journal Entry Accounts More info Credit T urystock Purchased 2.400 shares of the companys per common stock as treasury stock, paying cash of $14 per share Sold 1.400 shares of the treasury look for cash of $17 per share Now let's journalve the sale of the treasury stock Print Dono Journal Entry Accounts Credit Treasury stock Paid in capital treasury stock Requirement 2. What kind of account is Treasury stock? After completing the two transactions, how should Bargain Central, Inc., report the treasury lock on ts balance sheet? Treasury stock is a contra-equity account After completing the two transactions, how should Bargain Central, Inc report the treasury slock on its balance sheet Complete the partial balance sheet below to show how the company should record the treasury Hodkonst Complete all answer boxos. Choose from any list or enter any number in the input fields and then continue to the next question Aber being in business for several years and issuing its common stock to the public, Bargain Coraline, completed the Click the icon to view the transactions wing treasury stock ansactions Now les jource the sale of the treasury stock Journal Entry Accounts Debit Paid in capital treasury stock o ck en is balance ? below to wow how the y Requirement 2. What kind of account is Treasury stock After completing the two a ctions. how should Bargain Centraline, report the r Treasury stock is a contra-equity account After completing the two transactions, how should Bargain Contral, Inc, report the treasury lock on its balance sher Companhe portance (Complete all answer boxes.) Bargain Central, Inc. Balance Sheet partial) Total paid in capital Retained Bangs Subtotal shares LOSS cost Treasury stock at Total Stockholders' Equity nue to the next Choose from any list or enter any number in the input ids and then 9 Sayn for Later nie @

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