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Please answer it as journal entry. Thanks! Purchased 440 shares of the company's own common stock at $24 cash per share; the stock is now
Please answer it as journal entry. Thanks! Purchased 440 shares of the company's own common stock at $24 cash per share; the stock is now held In treasury. Feb. 1 July 15 Issued 120 of the shares purchased on February 1 for $34 cash per share Sept. 1 Issued 80 more of the shares purchased on February 1 for $19 cash per share. References E11-8 Recording Treasury Stock Transact Their Impact [LO 11-2, LO 11-3] Section Break E11-8 Part 2 2. Prepare the indicated journal entries for each of the transactions. (If no entry is required for a transactionlevent, select "No Journal Entry Required" in the first account field.) View transaction list Record the purchase of 440 shares of previously issued common stock for a price of $24 per share. 1 for a Record the re-issuance of 120 shares of treasury stock previously purchased for a price of $24 per share and sold for a price of $34 per share. 2 3 Record the re-issuance of 80 shares of treasury stock previously purchased for a price of $24 per share and sold for a price of $19 per share. Credit
Please answer it as journal entry. Thanks!
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