E11-8 Recording Treasury Stock Transactions and Analyzing Their Impact [LO 11-2, LO 11-3]

Chapter 11 HW Instructions I help Questions 19-22 (of 29) > Save & Exit Submit E11-8 Recording Treasury Stock Transactions and Analyzing Their Impact LO 11-2, LO 11-3] The folowing information appiies to the questions displayed below. The following selected transactions occurred for Coner Corporation: Purchased 510 shares of the company's own common stock at $31 cash per share; the stock is now held in treasury. Feb. 1 July 15 Issued 155 of the shares purchased on February 1 for $41 cash per share. Sept. Issued 115 more of the shares purchased on February 1 for $26 cash per share. Section Break E11-8 Recording Treasury Stock Transactions and Analyzing Thelr Impact [LO 11-2, LO 11-3] Required Information 0.37 points E11-8 Part1 Required: 1. Indicating the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholders' Equity Feb. 1