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Homework Problem 1 1. On 4/5/22, BJ's purchased 20,000 shares of $1 par treasury stock for $40 per share. 2. On 4/30/22, sold 2,000 shares
Homework Problem 1 1. On 4/5/22, BJ's purchased 20,000 shares of $1 par treasury stock for $40 per share. 2. On 4/30/22, sold 2,000 shares of treasury stock for $55 per share. 3. On 5/10,2020 sold 3,000 shares of treasury stock at $35 per share. 4. On 6/24/22, BJ's retired 5,000 shares of treasury stock. Required: - Journal entries for BJ's accounting. Problem 2 1. On 3/18/22, Home Depot purchased 50,000 shares of $1 par treasury stock for $75 per share. 2. On 3/30/22, sold 5,000 shares of treasury stock for $95 per share. 3. On 5/20/22, sold 3,000 shares of treasury stock at $70 per share. 4. On 6/24/22, Home Depot retired 10,000 shares of treasury stock. Required: - Journal entries for Home Depot's accounting
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