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On February 16, Candy Home Goods, Incorporated (CHG) acquired 11.000 shares of its own shares of a cost of $37 per share on April 29,
On February 16, Candy Home Goods, Incorporated (CHG) acquired 11.000 shares of its own shares of a cost of $37 per share on April 29, CHG sold 4.400 of the 15,000 shares of its treasury stock for $42 per share on June 4. CHG sold the remaining 6,600 shares of treasury stock for 52 per share. What are the necessary ories to record these transactions? (Record debts first, then credits Exclude explanations from any Journal entries.) On February 16, Candy Home Goods, Incorporated (CHG) acquires 11,000 shares of its own shares at a cost of $37 por share. Account Treasury Stock Cash February 16 407.000 407.000 7 On April 29, CHG sells 4,400 of the 11.000 shares of its treasury stock for $42 per share. April 20 184,800 Account Cash Treasury Stock Additional Paid in Capital from Tintury Stock Transactions 162,800 22.000 On June 4, CHG sells the remaining 6.600 shares of treasury stock for $2 per share, Account June 4 13.200 Cash Additional Paid in Capital from Treasury Stock Transactions Retained Earnings Treasury Stock 244.200
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