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need the numbers and is the labeling right? Treasury Stock Transactions Lawn Spray Inc, develops and produces spraying equipment for lawn maintenance and industriale On
need the numbers and is the labeling right? Treasury Stock Transactions Lawn Spray Inc, develops and produces spraying equipment for lawn maintenance and industriale On January 31 of the current year, Lawn Spray Inc. required 10,400 hrs of its common stock at $28 per share on June 14, 6,600 of the reacquired shares were sold 51 per share, and on November 23, 2,500 of the required shares were sold $32. a. Journalize the transactions of January 31, June 14, and November 23. For a compound transaction. If an amount box does not require an entry, lecet bank Jan. 31 Treasury Stock Cash June, 14 Cash Treasury Stock Paid-In Capital from Sale of Treasury Stock Nov. 23 Cash Treasury Stock Paid-In Capital from Sale of Treasury Stock b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? Credit c. What is the balance in Treasury Stock on December 31 of the current year? Debit d. How will the balance in Treasury Stock be reported on the balance sheet? As a deduction from stockholders' equity
need the numbers and is the labeling right?
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