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During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a . April 1 : Repurchased 2 4 0 shares of

During the year the following selected transactions affecting stockholders' equity occurred for
Orlando Corporation:
a. April 1: Repurchased 240 shares of the company's common stock at $30 cash per share.
b. June 14: Sold 60 of the shares purchased on April 1 for $35 cash per share.
c. September 1: Sold 50 of the shares purchased on April 1 for $25 cash per share.
Required:
Prepare journal entries for each of the above transactions.
Note: If no entry is required for a transaction/event, select "No journal entry required" in the
first account field.
Journal entry worksheet
Repurchased 240 shares of the company's common stock at $30 cash per
share.
Note: Enter debits before credits.
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