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On May 3, Zirbal Corporation purchased 7,500 shares of its own stock for $67.500 cash. On November 4, Zirbal reissued 1,650 shares of this treasury
On May 3, Zirbal Corporation purchased 7,500 shares of its own stock for $67.500 cash. On November 4, Zirbal reissued 1,650 shares of this treasury stock for $16,500. Prepare the May 3 and November 4 journal entries to record Zirbal's purchase and reissuance of treasury stock. View transaction list Journal entry worksheet Record the purchase of 7,500 shares of its own stock for $67,500 cash. Note: Enter debits before credits. Debit Credit Date General Journal May 03 Record entry Clear entry View general journal On May 3, Zirbal Corporation purchas of this treasury stock for $16,500. ed 7,500 shares of its own stock for $67,500 cash. On November 4, Zirbe Prepare the May 3 and November 4 journal entries to record Zirbal's purchase and reissuance of treasury stocl View transaction list 257 Journal entry worksheet 2 Record the reissue of 1,650 shares of this treasury stock for $16,500. Note: Enter debits before credits General Journal Date Debit Credit Nov 04 Record entry Clear entry View general journal
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