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Entries for Treasury Stock On May 27, Kick Off Inc. reacquired 6,300 shares of its common stock at $50 per share. On August 3, Kick
Entries for Treasury Stock
On May 27, Kick Off Inc. reacquired 6,300 shares of its common stock at $50 per share. On August 3, Kick Off sold 3,000 of the reacquired shares at $53 per share. November 14, Kick Off sold the remaining shares at $49 per share.
Journalize the transactions of May 27, August 3, and November 14. For a compound transaction, if an amount box does not require an entry, leave it blank.
May 27 | |||
Aug. 3 | |||
Nov. 14 | |||
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