Jameson Corporation engaged in the following treasury stock transactions during the current year: 11

11 Instructions:

Prepare general journal entries to record these treasury stock transactions. (20 points) Date Account Titles and Explanation Debit Credit

June

Purchased 2,000 shares of treasury stock at 62 per share.

Aug.

10

Reissued 800 shares of the treasury stock acquired on June 11 at a price of 67 per share.

Dec.

Reissued 600 shares of treasury stock at a price of 60 per share.

Prepare general journal entries to record these treasury stock transactions. (20 points) Date Account Titles and Explanation Debit Credit