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E-F:13-25 Journalizing treasury stock transactions and reporting stockholders equity Southern Amusements Corporation had the following stockholders equity on November 30: On December 30, Southern purchased

E-F:13-25 Journalizing treasury stock transactions and reporting stockholders equity Southern Amusements Corporation had the following stockholders equity on November 30: On December 30, Southern purchased 200 shares of treasury stock at $15 per share. Stockholders Equity Paid-In Capital: Common Stock$5 Par Value; 1,300 shares authorized, 250 shares issued and outstanding 1,250 Paid-In Capital in Excess of ParCommon 3,750 Total Paid-In Capital 5,000 Retained Earnings 50,000 Total Stockholders Equity $55,000

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