on May 4 Lucy sold 1800 shares for $13 per sha

8. On April 1, Lucy company reacquired 8000 shares of its own stock at a price of $10 per share. On May 4, Lucy sold 1800 shares for $13 per share. On May 30 Lucy sold 500 shares at 8 per share. Journalize the purchase of the treasury stock on April 1 and the sale of the treasury stock on May 4 and May 30 Date Accounts Ref. Debit Credit Apr. 1 Cash 80,000 Own Stock 80,000 23,400 May 4 Cash Paid-In Capital from Treasury Stock Ref. Accounts Debit Credit Date May 30 Cash 4,000 2,000 Paid-In Capital from Treasury Stock Treasury Stock 6,000 9. On February 1, Lucy Company purchased 10,000 shares of its own stock for $6 per share. On March 15, Lucy sold 1000 shares of its treasury stock for $4 per share. Journalize the purchase of the treasury stock and the sale of the treasury stock. Date Accounts Ref. Debit Credit