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On May 3, Zibal Corporation purchased 3.000 shares of its own stock for $30,000 cash On November 4, Zibal rescued 200 shares of this treasury

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On May 3, Zibal Corporation purchased 3.000 shares of its own stock for $30,000 cash On November 4, Zibal rescued 200 shares of this treasury stock for $13.200. Prepare the May 3 and November 4 journal entries to record Zibal's purchase and reissuance of treasury stock View bransaction list Journal entry worksheet Record the purchase of 3.000 shares of its own stock for $30.000 cash Note: Enter debts before credite Debit Credit General Journal Record Journal entry worksheet Record the reissue of 1,200 shares of this treasury stock for $13,200. Note: Enter debits before credits Date General Journal Debit Credit Nov 04 View general journal Record entry Clear entry 9 11 Next >

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