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During 2011 the following selected transactions affecting stockholders' equity occurred for TARP Corporation: Feb. 1 Purchased in the open market 240 shares of the company's
During 2011 the following selected transactions affecting stockholders' equity occurred for TARP Corporation: Feb. 1 Purchased in the open market 240 shares of the company's own common stock at $21 cash per share. Jul. 15 Sold 140 of the shares purchased on February 1 for $22 cash per share. Sept. 1 Sold 110 more of the shares purchased on February 1 for $20 cash per share. Required: Give the indicated journal entries for each of the transactions. (Omit the "$" sign in your response.)
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