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Exercise 11-13A (Algo) Recording and reporting treasury stock transactions LO 11-5 The following information pertains to JAE Corp. at January 1 Year 1: Common stock,

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Exercise 11-13A (Algo) Recording and reporting treasury stock transactions LO 11-5 The following information pertains to JAE Corp. at January 1 Year 1: Common stock, 59 par 10,000 shares authorired, >,000 shares issued and outstanding Paid in capital in excess of common stock Betained earnings $10,000 14,0 60,200 JAE Corp. completed the following transactions during Year 1: 1. Issued 750 shares of 59 par common stock for $30 per share 2. Repurchased 160 shares of its own common stock for $27 per share. 3. Rerold 50 shares of treasury stock for $28 per share Required How many shares of common stock were outstanding at the end of the period? D. How many shares of common stock had been issued at the end of the period? e. Organize the transactions data in accounts under the accounting equation d. Prepare the stockholder equity section of the balance sheet reflecting these transactions Complete this question by entering your answers in the tabs below. ReaA and Req RD Organize the transactions data in accounts under the accounting equation (Enter any decremes to account balances with a minus kun. Not all cells require Input) UAE CORPORATION Accounting Equation for the Year 1 Stockholders' Equity Assets Liabidites - Cash Common Stock Paldin Capital In Excess Common Stock Paid in Capital In Excess Treasury Stock Treasury Stock Retained Earnings 1 2 3 End til 0.

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