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On July 1, Switycorporatlon purchases 470 shares of Its $6 par value common stock for the treasury at a cash price of $10 per share
On July 1, Switycorporatlon purchases 470 shares of Its $6 par value common stock for the treasury at a cash price of $10 per share On September 1, lt sells 260 shares of the treasury stock for cash at $13 per share. Joumalize the two treasurystock transactlons. Record journal entries in die order presented in the problem. Credit arcamente automatically indertezi waen amount is entered. Do not indert manually. If no entry is required, select "Me Entre for the accounting ord Account Titles and Explanation Debit
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