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Exercise 13-07- On January 1, 2020, the stockholders'uty weten of win Cor the year, the flowing treasury stack transactions corred on show n tok (5

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Exercise 13-07- On January 1, 2020, the stockholders'uty weten of win Cor the year, the flowing treasury stack transactions corred on show n tok (5 sur 1. 000 1.000.000, and retained 1.200.000. During ar 1 Purchased 0.000 ure for cash is perhe July 1 od 10.000 truy whores for $17 per she Sept 1 Sodo ter where for cash at $14 per share Tourmalire the treasury wack transactions. Record journal entre he amount e d. De not indent Ar i es and plantion Paid in Capital in Excess of Par-Preferred Stock Treasury Stock Pain C hrom Treasury Stock Treasury Stock Restate the entry for September 1, assuming the treasury shares were sold at $12 per share. (Credit account tu Data Account Titles and Explanation Dabit Credit

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