Exercise 12-9 Treasury Stock Transactions

The following stock transactions of DeMeo Corporation represent all of the company's treasury stock transactions during 2014:

May	5	Purchased 800 shares of its own $2 par value common stock for $20 per share, the current market price.
	17	Sold 300 shares of treasury stock purchased on May 5 for $22 per share.
	21	Sold 200 shares of treasury stock purchased on May 5 for $20 per share.
	28	Sold the remaining 300 shares of treasury stock purchased on May 5 for $19 per share.

Record DeMeo Corporation's stock transactions using T accounts. If an amount is zero, enter "0".

Cash
SelectMay 5May 17Item 1		SelectMay 5May 17May 21May 28Item 3
SelectMay 5May 21Item 5
SelectMay 5May 28Item 7
Bal.

Treasury Stock, Common
SelectMay 5May 17May 21May 28Item 10		SelectMay 5May 17Item 12
		SelectMay 5May 21Item 14
		SelectMay 5May 28Item 16
Bal.

Paid-in Capital, Treasury Stock
SelectMay 5May 17May 21May 28Item 19		SelectMay 5May 17May 21May 28Item 21
		Bal.