Question
Marketplace, Inc. completed the following treasury stock transactions in 2016: June. 3 Purchased 2,000 shares of the company's $5 par value common stock as treasury
Marketplace, Inc. completed the following treasury stock transactions in 2016:
June. 3 Purchased 2,000 shares of the company's $5 par value common stock as treasury stock, paying cash of $15 per share.
June 14 Sold 800 shares of the treasury stock for cash of $20 per share.
Journalize these transactions. Explanations are not required
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Frank Woods Business Accounting Volume 2
Authors: Frank Wood, Alan Sangster
13th Edition
1292085053, 9781292085050
