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On April 2 , a corporation purchased for cash 5 , 0 0 0 shares of its own $ 1 2 par common stock at
On April a corporation purchased for cash shares of its own $ par common stock at $ per share. It sold of the treasury shares at $ per
share on June The remaining shares were sold on November for $ per share.
a Journalize the entry for the purchase treasury stock is recorded at cost If an amount box does not require an entry, leave it blank.
April
b Journalize the entries for the sale of the stock. If an amount box does not require an entry, leave it blank.
Jun.
November
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