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QUESTION 4 C.XYZ Company purchased 5,000 of its own shares at $50 per share. DATE Debit XIX treasury stock 250000 Credit cash 250000 QUESTION 5

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QUESTION 4 C.XYZ Company purchased 5,000 of its own shares at $50 per share. DATE Debit XIX treasury stock 250000 Credit cash 250000 QUESTION 5 d. XYZ Company sold 4,500 shares of treasury stock (from(c)) at $52 per share. Debit Credit DATE XIX 234000 cash treasury stock paid in capital in excess 225000 9000 QUESTION 6 e. XYZ Company sold 500 shares of treasury stock (from() at $45 per share. Debit Credit DATE XIX cash 22500 treasury stock

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