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Donna Company originally issued 31,000 shares of $5 par common stock for $255,000 on January 3, 2020. Donna purchased 1,200 shares of treasury stock for
Donna Company originally issued 31,000 shares of $5 par common stock for $255,000 on January 3, 2020. Donna purchased 1,200 shares of treasury stock for $12,000 on November 2, 2020. On December 6, 2020,520 shares of the treasury stock are sold for $7,000. Prepare journal entries to record these stock transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) No. Account Titles and Explanation Debit Credit
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