Question
On May 27, Kick Off Inc. reacquired 4,300 shares of its common stock at $32 per share. On August 3, Kick Off sold 2,500 of
On May 27, Kick Off Inc. reacquired 4,300 shares of its common stock at $32 per share. On August 3, Kick Off sold 2,500 of the reacquired shares at $35 per share. November 14, Kick Off sold the remaining shares at $31 per share.
Journalize the transactions of May 27, August 3, and November 14. For a compound transaction, if an amount box does not require an entry, leave it blank.
| May 27 | |||
| Aug. 3 | |||
| Nov. 14 | |||
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Operational Review Maximum Results At Efficient Costs
Authors: Rob Reider
3rd Edition
0471228109, 978-0471228103
