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Curtis corporation $5 par value, 5000 shares issued and outstandung- $25000 Retain earnings-20,000 Total stockholders equity- $45000 Prepare journal entries fro the following transactions May
Curtis corporation $5 par value, 5000 shares issued and outstandung- $25000
Retain earnings-20,000
Total stockholders equity- $45000
Prepare journal entries fro the following transactions
May 3 -issued 500 shares at $6 per share
May 9 -Reaquired 100 shares at $4 per share
May 15- Reissued 50 of the treasury shares at $7 per share
May 17- Reissued 10 of the Treasury shares at $3 per share
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