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On January 1, 2021, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000. On March 1, 2021, the company purchased 2,000
On January 1, 2021, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000. On March 1, 2021, the company purchased 2,000 shares of its common stock for $15 per share for the treasury. Indicate the accounts increased or decreased to record the stock transactions of Wooden Company in 2021. Date Account Titles Increase/Decrease Amaunt Jan, 1 $ $ Mar. 1
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