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On January 1 2021, the stockholders equity action of Scot Inc. was as follows Common stock (510 par value) 5400.000 paid-in (contributed) capital in excess
On January 1 2021, the stockholders equity action of Scot Inc. was as follows Common stock (510 par value) 5400.000 paid-in (contributed) capital in excess of par value $200,000, and teed amings $150.000. During the year, the following treasury stock transactions occurred March 5 Purchased 6,000 shares for cash at $16 per share April 25 Sold 4.000 reasury shares for cash a 18 per share June 25. Sold 2.000 treasury shares for cash at $11 por share Required: Prepare your ones to record the above treasury stock transactions CLEARLY INDICATE THE DEBITS ACREDITS 270 000 and 10
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