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https://2.cengagenow.conv Calculator On April 2 a corporation purchased for cash 5,000 shares of its own $14 par common stock at $27 per share. Tt sold

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https://2.cengagenow.conv Calculator On April 2 a corporation purchased for cash 5,000 shares of its own $14 par common stock at $27 per share. Tt sold 4,000 of the treasury shares at $30 per share on June 10. The remaining 2000 shares were sold on November 10 for $23 per share. a. Journalize the entries to record the purchase (treasury stock is recorded at cost). Apr. 2 b. Journalize the entries to record the sale of the stock. tf an amount box does not require an entry, leave it blank Jun 10 Now. 10 Previous 10:54PM 4d 21 WS: 20120ms

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