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please show all calculations, thanks! x company originally issued its 5,000 common shares at $25 per share and all were still outstanding as of July
please show all calculations, thanks!
x company originally issued its 5,000 common shares at $25 per share and all were still outstanding as of July 1, 2015.
Prepare general journal entries to record the following:
1) July 1, 2015 - Purchased and retired 500 common shares at $23 per share.
2) Aug. 1, 2015 - Purchased and retired another 500 common shares at $30 per share.
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