Homework: Chapter 10 Homework Save { Score: 0 of 8 pts 8 of 8 (7 complete) HW Score: 52.07%, 10.41 of 20 pts P10-59B (similar to) Question Help The balance sheet of Amusement, Inc., at December 31, 2017, reported 500,000 shares of $3 par common stock authorized with 95,000 shares issued and outstanding. Paid in capital in excess of par-common had a balance of $312,000. Retained earnings had a balance of $108,000. During 2018, the company completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in the journal. Explanations are not required. (Record debits first then credits. Exclude explanations from any journal entries) Feb 15. Purchased 8,000 shares of treasury stock at $10 per share. Journal Entry Date Accounts Credit Feb 15 Debit Inting Score: 0 of 8 pts 8 of 8 (7 P10-59B (similar to) The balance sheet of Amusement, Inc., at December 31, 2017, reported 500,000 $ outstanding. Paid-in capital in excess of par-common had a balance of $312,000 completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions in the journal. Explanations are not requ Feb 15: Purchased 8,000 shares of treasury stock at $10 per share. Journal Entry Date Accounts Debit Feb 15 Cash Common stock Dividends payable, common Dividends payable, preferred Paid-in capital, treasury stock Paid-in capital in excess of par-common Retained earnings Treasury stock Choose from any list or enter any number in the input fields and then click