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Prepare in journal form, the entries necessary to record the following stock transactions for Zeller Company during 2008. 6/1 Purchased 3000 shares of its own
Prepare in journal form, the entries necessary to record the following stock transactions for Zeller Company during 2008.
6/1 Purchased 3000 shares of its own $10 par value common stock for $25 per share, the current market price.
6/18 Sold 1400 shares of treasury stock purchased June 1 for $30 per share.
6/28 Sold 1200 shares of treasury stock purchased on june 1 for $20 per share
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