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need help 2 Elroy Corporation repurchased 1,200 shares of its own stock for $35 per share. The stock has a par of $5 per share.

need help 2
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Elroy Corporation repurchased 1,200 shares of its own stock for $35 per share. The stock has a par of $5 per share. A month later Elroy resold 300 shares of the treasury stock for $43 per share. Required What is the balance of the Treasury Stock account after these transactions are recognized? Balance of treasury stock The following information pertains to JAE Corp. at January 1, Year 2: Common stock, $9 par. 11,000 shares authorized, 2,200 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $19,800 12,600 68,780 JAE Corp. completed the following transactions during Year 2: 1. Issued 1050 shares of $9 par common stock for $31 per share. 2. Repurchased 150 shares of its own common stock for $28 per share. 3. Resold 50 shares of treasury stock for $29 per share, Required a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions, Req A and B Reqc Reg D How many shares of common stock were outstanding and issued at the end of the period? a. Outstanding shares at the end of the period b. Issued shares at the end of the period Reg A and B Reg C Req Organize the transactions data in accounts under the accounting equation. (Enter any decreases to account balances with a min JAE CORPORATION Accounting Equation for the Year 2 Assets Stockholders' Equity Event Cash Liabilities - Common Stock Paid-in Capital In Excess Common Stock Pald-in Capital In Excess Treasury Stock Treasury Stock Retained Earnings Beg bal 1 2 3 End bal bo Prepare the stockholders' equity section of the balance sheet reflecting these transactions JAE CORPORATION Balance Sheet (Partial) As of December 31, Year 2 Stockholders' Equity Total paid-in capital Total stockholders' equity

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