on September 20 fletcher corporation issue

Question 1 24 A company reported the following stockholders' equity on January 1 of the current year: Common stock, $10 par, 1,000,000 shares authorized, $2,500,000 250,000 shares issued Paid-in capital in excess of par, common 1,260,000 Retained earnings 1,675,000 Total stockholders' equity $5,435,000 Prepare journal entries for the following selected transactions related to this company's stock during the current year: Mar 1 Purchased 10,000 shares of treasury stock for $18 per share May 5 Sold 4,000 shares of treasury stock for $16 per share Oct 12 Sold 2,000 shares of treasury stock for $19 per share HTML Editor BIVA A: I = = 3 4 1 x x = = OV V DITT: 12pt Paragraph I MacBook Pro > "85,000