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E11-15 (Algo) Recording and Analyzing Treasury Stock Transactions LO11-3 b. During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a.
E11-15 (Algo) Recording and Analyzing Treasury Stock Transactions LO11-3 b. During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. 1 Repurchased 388 shares of the company's own common stock at $37 cash per share. Jun. 14 sold 30 of the shares purchased on April 1 for $42 cash per share. c. Sept. i sold 70 of the shares purchased on April 1 for $32 cash per share. | Required: 1. Prepare journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction list Journal entry worksheet Repurchased 380 shares of the company's own common stock at $37 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: Apr. 1 Repurchased 380 shares of the company's own common stock at $37 cash per share. Jun. 14 Sold 80 of the shares purchased on April 1 for $42 cash per share. c. Sept. 1 sold 7e of the shares purchased on April 1 for $32 cash per share. a. b. Required: 1. Prepare journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Sold 70 of the shares purchased on April 1 for $32 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
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