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its #1 and #2 journalzing the transactions Recording the purchase of Treasury Stock 1) Record the purchase of 100 shares of $90 per share (-39,000)
its #1 and #2 journalzing the transactions
Recording the purchase of Treasury Stock 1) Record the purchase of 100 shares of $90 per share (-39,000) bebit Credit Recording the sale of Treasury Stock 2) Record the sale of 50 shares of Treasury Stock at $100 per shore (155.000) Debit Credit Assets Liabilities Equity Revenue Expense Acets Payable Selesa Cart Of Goods Sold Goth 12 000 50.000 100 000 Common Stock (510 Por) 10 000 10 000 10.000 Costock Paldin Capital In Eno Por 2.000 40 000 90.000 Acts Receivable Wages Porte Wages Experte Preferred to Poid Capital Inces of Por Inventory Dividendeshi Rent Expert Capital Asset UTN Poble Trey Stock Deprec Expense Ace Depres Poid-Capital from Sole of Treasury Stock Preferred T - Dividend Treas Stock esc BO F2 C of Credit Assets Liabilities Equity Rever Expense Arctable Solar Rent CAST OF Gente Comma(550 Por) 30 000 12.000 100 000 10.000 2.000 Wees WE Preferred Stock LT DeprecExperte Port-Tn Capital Select Treasury take Aer bare Rated to Preferred T-Died Treas Stock 30 @ # 3 % 5 & 7 * 8 2 9 4 6 Recording the purchase of Treasury Stock 1) Record the purchase of 100 shares at $90 per share (-$9,000) Debit Credit Recording the sale of Treasury Stock 2) Record the sale of 50 shares of Treasury Stock at $100 per share($5,000) Debit Credit Assets Liabilities Equity Revenue Expense Acets Payable Sales Revue Cost Of Code Sold 12.000 50 000 100 000 Common Stock 530 Per 30 000 10.000 10,000 Common Stock Poid. Ta Capital In Excess of Per 2.000 40 000 90.000 Accts Receivable Woges Payable Wages Export Preferred Stock Perdin Capital In Excess for Trener Dividends Payable Capital Asset VT Nuts Payable Treasury Stock Deprecare Pod Tom Acc beper Preferred T - Dividend Treas Stock OSC 80 000 DOD FI F2 F3 Debit Credit Assets Liabilities Equity Revenue Expense Acets Payable Sales Revenue Cost Of Goods Sold Cash 12.000 50,000 100 000 Common Stock (510 Por) 10,000 10 000 10 000 Common Stock Pold-In Capital In Excess of Por 2.000 40 000 90.000 Acts Receivable Woges Payable Wages Expense Preferred Stock Pold-th Capito In Excess of Por Inventory Dividends Payable Rent Expense Capital Asset LIT Nets Payable Treasury Stock Depres Experde Paid In Capital from Sale of Treasury Stock Acc Deprec Retained fornings Commons Dividende Preferred biedende Thcommary 25 000 Preferred T - Dividend Treas Stock Recording the purchase of Treasury Stock 1) Record the purchase of 100 shares of $90 per share($9.000) Debit Credit Recording the sale of Treasury Stock 2) Record the sale of 50 shares of Treasury Stock of $100 per share($5,000) bebit Credit Assets Liabilities Equity Revenge Expense Acts Reyetle Sales Cost of Good Sold Cash 12,000 50,000 100.000 Common Stock (510 Par) 10.000 10.000 90.000 Common Stack Poid-In Capital To Excess of Por 2000 40.000 90000 Accts Receivable Wege Royable Woges Expert Preferred Stock Paid In Cool In Excess of Por Ley Didendid Pohle Bent Experte Capital Art UTN Poble Treasury Stock Depec Esper Acc bepes Preferred T-Dividend Peld-Capital from Sale of Trey Stock Treas Stock Assets Liabilities Equity Revenue Expense Acets Payable Sales Revenue Cost Of Goods Sold Cash 12 000 50,000 100,000 Common Stock ($10 Por) 10 000 10.000 10.000 Common Stock Paid In Capital In Excess of Per 2.000 40.000 90.000 Acets Receivable Woges Payable Wages Expert Preferred Stock Pold-En Capital In Excess of Per Inventory Dividends Payable Rent Expense Capital Asset LJT Note Payable Treasury Stock Depres Experise Paid-In Capital from Sole of Treasury Stock Ace Deprec Retoned Earnings Common Stk Dividends Preferred Dividende Income Summary 25 000 Preferred T - Dividend Treas Stock Step by Step Solution
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