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please show calculation 7. Yahnalasse Corporation has the following stockholders' equity accounts on January 1, 2020: Common Stock, $10 par value $1,500,000 Paid-in Capital in
please show calculation
7. Yahnalasse Corporation has the following stockholders' equity accounts on January 1, 2020: Common Stock, $10 par value $1,500,000 Paid-in Capital in Excess of Par 300,000 Retained Earings 500.000 Total Stockholders' Equity $2.300.000 The company uses the cost method to account for treasury stock transactions. During 2020, the following treasury stock transactions occurred April 1 Purchased 15,000 shares at $18 per share. August 1 Sold 5,000 shares at $22 per share. October 1 Sold 5,000 shares at $15 per share. Instructions Journalize the treasury stock transactions for 2020) I Item Account Debit Credit (a) (b) (c)
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