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Before Skysong Corporation engages in the following treasury stock transactions, its general ledger reflects, among others, the following account balances (parvalue of its stock is

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Before Skysong Corporation engages in the following treasury stock transactions, its general ledger reflects, among others, the following account balances (parvalue of its stock is $30 per share). Record the treasury stock transactions (given below) under the cost method of handling treasury stock: use the FIFO method for purchase-sale purposes, (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts) (a) Bought 370 shares of treasury stock at $41 per share. (b) Bought 300 shares of treasury stock at $45 per share. (c) Sold 360 shares of treasury stock at $43 per share. (d) Sold 110 shares of treasury stock at $39 per share. No, Account Titles and Explanation Debit Credit (a) (b) (c) (d)

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