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On February 3, 2018, Rick Grimes Zombie Killers, Inc. (RGZK) repurchased 150,000 shares of its outstanding common stock for $18 per share. On June 1,
On February 3, 2018, Rick Grimes Zombie Killers, Inc. (RGZK) repurchased 150,000 shares of its outstanding common stock for $18 per share. On June 1, 2019, RGZK sold 75,500 shares of treasury stock for $11 per share. Then on October 1, 2021, the company sold another 40,000 shares of its treasury stock for $21 per share. Assume there is a 0 (zero) balance in the APIC - treasury stock account on January 1, 2018. Record the journal entry for February 3, 2018 below: (To answer this question, please copy and paste the table, and enter your answers in corresponding cells of the table. You may or may not need all of the rows in the table.) DATE DESCRIPTION DEBIT CREDIT
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