BeforeKingbirdCorporation engages in the following treasury stock transactions, its general ledger reflects, among others, the following account balances (par value of its stock is $30per share).

Paid-in Capital in Excess of ParCommon Stock

Common Stock

Retained Earnings

$94,500

$260,700

$80,900

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 account titles and enter 0 for the amounts.)

(a)Bought360shares of treasury stock at $41per share.(b)Bought320shares of treasury stock at $46per share.(c)Sold330shares of treasury stock at $43per share.(d)Sold110shares of treasury stock at $39per share.

Before Kingbird Corporation engages in the following treasury stock transactions, its general ledger reflects, among others, the following account balances (par value of its stock is $30 per share). Paid-in Capital in Excess of Par-Common Stock Common Stock Retained Earnings $94,500 $260,700 $80,900 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 account titles and enter O for the amounts.) (a) Bought 360 shares of treasury stock at $41 per share. (b) Bought 320 shares of treasury stock at $46 per share. (c) Sold 330 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)