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Nash Inc. has outstanding 10,600 shares of $10 par value common stock. On July 1, 2025, Nash reacquired 105 shares at $87 per share.
Nash Inc. has outstanding 10,600 shares of $10 par value common stock. On July 1, 2025, Nash reacquired 105 shares at $87 per share. On September 1. Nash reissued 62 shares at $91 per share. On November 1, Nash reissued 43 shares at $84 per share. Prepare Nash's journal entries to record these transactions using the cost method. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no ently is required, select "No Entry" for the account titles and enter O for the amounts. Record entries in the order displayed in the problem statement.) 7/1/25 Treasury Stock) Cash 9/1/25 v Cash Paid-in Capital from Treasury Stock 11/1/25 Treasury Stock Cash Paid-in Capital from Treasury Stock Cash 9135 5642 3612 9135 248- 5394
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