On 1-Dec V's Violins question 5 has the following items on its balance sheet 40,000 issued shares at a book value of Contributed surplus account has a balance of 280,000 $25,000 CR $80.000 to reaquire 20000 shares on 11-Dec a V's Violins paid DATE DESCRIPTION 11-Dec DR CR New Contributed Surplus = $300.000 to reaquire 30000 shares on 13-Dec b) V's Violins paid DATE DESCRIPTION 13-Dec DR CR