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Prior to June 1, a company has never had any treasury stock transactions. A company repurchased 200 shares of its $10 par common stock on

Prior to June 1, a company has never had any treasury stock transactions. A company repurchased 200 shares of its $10 par common stock on June 1 for $50 per share On July 1, it reissued 50 of these shares at $55 per share. On August 1, it reissued 75 treasury shares at $49 per share. What is the balance in the Paid-in Capital, Treasury Stock account on August 2 after all of the events in this and the last two questions are recorded?

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for help : Complete this journal entry and determine the final balance in Paid in Capital, treasury stock after it and the last entry ($250 credit) are recorded.

Date

Account Titles

Debit

Credit

Cash

Paid in Capital, treasury stock

Treasury stock

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