Question
Arantax has outstanding 20,000 shares of $5 per value common stock. On August 1, 2017, Arantxa reacquired 200 shares of $80 per share. On November
Arantax has outstanding 20,000 shares of $5 per value common stock. On August 1, 2017, Arantxa reacquired 200 shares of $80 per share. On November 1, Arantxa reissued the 200 shares at $70 per share Arantax had no previous treasury stock transactions. what is the journal entry for AUGUST 1 ,NOVEMBER 1 ?
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The New Yellow Book Government Auditing Standards
Authors: Rebecca A. Meyer
1st Edition
1119784638, 978-1119784630
