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On March 8, Mama Mia Inc. reacquired 7,000 shares of its common stock at $50 per share. On May 16, Mama Mia sold 3,300 of
On March 8, Mama Mia Inc. reacquired 7,000 shares of its common stock at $50 per share. On May 16, Mama Mia sold 3,300 of the reacquired shares at $54 per share. On August 30, Mama Mia sold the remaining shares at $46 per share.
Journalize the transactions of March 8, May 16, and August 30. For a compound transaction, if an amount box does not require an entry, leave it blank.
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