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On May 27, Mama Mia Inc. reacquired 77,000 shares of its common stock at $8 per share. On August 3, Mama Mia sold 50,000 of
On May 27, Mama Mia Inc. reacquired 77,000 shares of its common stock at $8 per share. On August 3, Mama Mia sold 50,000 of the reacquired shares at $11 per share. On November 14, Mama Mia sold the remaining shares at $6 per share.
Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank.
| May 27 | Treasury Stock | fill in the blank 2 | |
| Cash | fill in the blank 4 | ||
| Aug. 3 | Cash | fill in the blank 6 | fill in the blank 7 |
| Treasury Stock | fill in the blank 9 | fill in the blank 10 | |
| Paid-In Capital from Sale of Treasury Stock | fill in the blank 12 | fill in the blank 13 | |
| Nov. 14 | Cash | fill in the blank 15 | fill in the blank 16 |
| Paid-In Capital from Sale of Treasury Stock | fill in the blank 18 | fill in the blank 19 | |
| Treasury Stock | fill in the blank 21 | fill in the blank 22 |
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