Question
Organization 10,000 shares of $2 par value common stock at a price of $25 per share. On Sep. 2, organization reacquires 1,000 shares at $24
Organization 10,000 shares of $2 par value common stock at a price of $25 per share. On Sep. 2, organization reacquires 1,000 shares at $24 per share. On Sep. 16, organization sells 125 treasury shares at $22 per share.
Journal entries for Sep. 2 and Sep. 16
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel
3rd Edition
0730302296, 978-0730302292
