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Marigold Ltd. purchased from its sharesholders 5,900 shares of its own previously issued shares for 289,100 . It later resold 1,600 shares for 53 per
Marigold Ltd. purchased from its sharesholders 5,900 shares of its own previously issued shares for 289,100. It later resold 1,600 shares for 53 per share, then 2,000 more shares for 47 per share, and finally 2,300 shares for 41 per share.
Prepare journal entries for the purchase of the treasury shares and the three sales of treasury shares.
Prepare journal entries for the purchase of the treasury shares and the three sales of treasury shares.
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