Question
enter O for the amounts.) Account Titles and Explanation Treasury Stock Cash (To record purchase from stockholders.) Cash Paid-in Capital from Treasury Stock Treasury Stock
enter O for the amounts.) Account Titles and Explanation Treasury Stock Cash (To record purchase from stockholders.) Cash Paid-in Capital from Treasury Stock Treasury Stock (To record sales of shares at $53 per share.) cash Paid-in Capital from Treasury Stock Treasury Stock (To record sales of shares at $48 per share.) Cash Paid-in Capital from Treasury Stock Retained Earnings Treasury Stock (To record sale of shares at $42 per share.) eTextbook and Media mantiany entry is requm Debit 300000 T 100700 Credit 300000 5700 95000 91200 3800 95000 92400 110000 ant trues arice Assistance Used Blue Spruce Corp. purchased from its stockholders 6,000 shares of its own previously issued stock for $300,000. It later resold 1,900 shares for $53 per share, then 1,900 more shares for $48 per share, and finally 2,200 shares for $42 per share. Prepare journal entries for the purchase of the treasury stock and the three sales of treasury stock. (Credit account titles are autorijatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Account Titles and Explanation land Preferred Stock (To record purchase from stockholders.) Paid-in Capital in Excess of Par-Common Stock Debit Credit (To record sales of shares at $53 per share,) (To record sales of shares at 54R per share.) and Windows D 11
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