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Journal entry worksheet Sold 90 of the shares purchased on February 1 for $24 cash per share. Note: Enter debits before credits. Journal entry worksheet
Journal entry worksheet Sold 90 of the shares purchased on February 1 for $24 cash per share. Note: Enter debits before credits. Journal entry worksheet Sold 120 of the shares purchased on February 1 for $26 cash per share. Note: Enter debits before credits. During the year, the following selected transactions affecting stockholders' equity occurred for Navajo Corporation: a. February 1: Repurchased 220 shares of the company's common stock at $25 cash per share. b. July 15: Sold 120 of the shares purchased on February 1 for $26 cash per share. c. September 1: Sold 90 of the shares purchased on February 1 for $24 cash per share. Required: 1. Prepare the journal entry required for each of the above transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Repurchased 220 shares of the company's common stock at $25 cash per share. Note: Enter debits before credits
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