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How to do the retain earning? Please give me the steps Practice Gradebook ORION Downloadable eTextbook ssignment CALCLATOR PRINTER VERSION BACK NEXT | ZTour answer

How to do the retain earning? Please give me the steps image text in transcribed
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Practice Gradebook ORION Downloadable eTextbook ssignment CALCLATOR PRINTER VERSION BACK NEXT | ZTour answer is part airy correct. ryagan CES Cullumber Company purchased from its stockholders 4,500 shares of its own previously issued stock for $216,000. It later resold 1,500 shares for $51 per share, then 1,500 more shares for $46 per share, and finally 1,500 shares for $40 per share. Prepare journal entries for the purchase of the treasury stock and the three sales of treasury stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Debit Account Titles and Explanation Credit 21 reasury Stock 216000 (To record purchase from stockholders.) Cash Paid-in Capital from Treasury Stock y Study Treasury Stock (To record sales of shares at $51 per share.) capital from treasury stock Treasury Stock To record sales of shares at $46 per share.) PgDn PgUp End Home 12 FVN FVO Weygandt, Financial Accounting, 10e Hele I Svstem Announcements ead, Study &Practice Gradebook ORION Downloadable eTextbook nt> Open Assignment PRINTER VERSION BACK NEXT aloe ENT RESOURCES paid-in capital from treasury stock tion tion 4 Treasury Stock stion 6 cord sales of shares at $46 per share.) Cash Earnings Capital from Treasury Stock 12000 Paid-in Treasury Stock (To record sale of shares at $40 per share.) Click if you would like to Show Work for this question: Qeen Show Work ew Score lew Results bYStudy ective saw ,ORLAn Question Attempts: 3 of 15 used Home End PUp Pgon

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