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Prior to June 30th a company has never had any treasury stock transaction a company repurchased 100 shares of its common stock on June 30th
Prior to June 30th a company has never had any treasury stock transaction a company repurchased 100 shares of its common stock on June 30th for $40 per share on July 20th it reissued 50 of these shares at $46 per share on August 1st it reissued 20 of the shares at $38 per share what is the balance of the treasury stock account on August 2nd A. 5050 B. 2600 C. 100 D. 1200 E. 0
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