prac 2

Sub Checy 2 QS 11-17 (Static) Purchase and sale of treasury stock LO P3 Do On May 5 Zibal Corporation purchased 4000 shares of its own stock for $36.000 cash or breed 50 shares of this treasury stock for $8.500 Prepare the Maya and November 4 journal enties to record bats purchase and attrestock Journal entry worksheet K 1 2. > Record the purchase of 4,000 shares of its own stock for $36,000 cash. Note: Enter debits before credits, Date General Journal Debit Credit May 03 Record entry Clear entry View general journal Journal entry worksheet