On January 1, 2020, the stockholders equity section of Bramble Corp. shows common stock ($6 par value) $1,800,000; paid-in capital in excess of par $1,100,000; and retained earnings $1,170,000. During the year, the following treasury stock transactions occurred.

Mar.	1		Purchased 52,000 shares for cash at $15 per share.
July	1		Sold 12,000 treasury shares for cash at $17 per share.
Sept.	1		Sold 10,000 treasury shares for cash at $14 per share.

(a)

• Your Answer
• Correct Answer (Used)

Journalize the treasury stock transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
July 1Mar. 1Sept. 1
Sept. 1Mar. 1July 1
Sept. 1July 1Mar. 1

(b)

Restate the entry for September 1, assuming the treasury shares were sold at $12 per share. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Sept. 1July 1Mar. 1