On May 20, ABC re-issued 200 of the shares it had repurchased on April 5. It sold it for $14 per share. It had purchased these shares for $17 per share. Note: re-issued means ABC sold the stock back to the market.
3. On May 20, ABC re-issued 200 of the shares it had repurchased on April 5. It sold it for $14 per share. It had purchased these shares for $17 per share. Note: re-issued means ABC sold the stock back to the market. Dr. [ Select ] [ Select ] Dr. [ Select ] [ Select ] Cr. [ Select ] [ Select ]3. On May 20, ABC re-issued 200 of the shares it had repurchased on April 5. It sold it for $14 per share. It had purchased these shares for $17 per share. Note: re-issued means ABC sold the stock back to the market. V [ Select ] D [ Select ] Cash Common Stock D Re-issuance [ Select ] Sales Shares Cr. [ Select ] [ Select ]3. On May 20, ABC re-issued 200 of the shares it had repurchased on April 5. It sold it for $14 per share. It had purchased these shares for $17 per share. Note: re-issued means ABC sold the stock back to the market. Dr. [ Select ] [ Select ] D V [ Select ] [ Select ] Additional Paid-in Capital Property, Plant, and Equipment Re-issuances Cr. [ Select ] [ Select ] Repurchases Sales Shares3. On May 20, ABC re-issued 200 of the shares it had repurchased on April 5. It sold it for $14 per share. It had purchased these shares for $17 per share. Note: re-issued means ABC sold the stock back to the market. Dr. [ Select ] V [ Select ] $14 $17 Dr. [ Select ] $200 $238 $2,800 [ Select ] $3,400 $47,6003. On May 20, ABC re-issued 200 of the shares it had repurchased on April 5. It sold it for $14 per share. It had purchased these shares for $17 per share. Note: re-issued means ABC sold the stock back to the market. Dr. [ Select ] [ Select ] Dr. [ Select ] V [ Select ] $14 $17 $238 [ Select ] $600 $2,800 $3,4003. On May 20, ABC re-issued 200 of the shares it had repurchased on April 5. It sold it for $14 per share. It had purchased these shares for $17 per share. Note: re-issued means ABC sold the stock back to the market. Dr. [ Select ] [ Select ] Dr. [ Select ] [ Select ] V [ Select ] C [ Select ] Cost of Goods Sold Inventory Profit Revenue 4. On June 27, ABC reissued 400 shares of stock it I Supplies 19 per share. It had purchased these shares for $17 per share. Treasury Stock3. On May 20, ABC re-issued 200 of the shares it had repurchased on April 5. It sold it for $14 per share. It had purchased these shares for $17 per share. Note: re-issued means ABC sold the stock back to the market. Dr. [ Select ] [ Select ] Dr. [ Select ] [ Select ] Cr. [ Select ] V [ Select ] $14 $17 $238 $2,800 4. On June 27, ABC reissued 400 shares of stock it had repurchased on April 5 at $19 per share. It $3,400 $17 per share. $47,600 [Select ] [ Select ]