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Entries for Treasury Stock On May 27, Mama Mia Inc. reacquired 77,000 shares of its common stock at $10 per share. On August 3, Mama

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Entries for Treasury Stock On May 27, Mama Mia Inc. reacquired 77,000 shares of its common stock at $10 per share. On August 3, Mama Mia sold 51,000 of the reacquired shares at $13 per share. On November 14, Mama Mia sold the remaining shares at $8 per share. Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank. May 27 Treasury Stock Cash Cash Aug. 3 Treasury Stock Paid-In Capital from Sale of Treasury Stock Nov. 14 Cash Paid-In Capital from Sale of Treasury Stock II. II. Treasury Stock

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