Question 5

Entries for Treasury Stock On May 27, Buzz Off Inc. reacquired 76,000 shares of its common stock at $10 per share. On August 3, Buzz Off sold 54,000 of the reacquired shares at $13 per share. On November 14, Buzz Off sold the remaining shares at $8 per share. Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank. May 27 Treasury Stock Cash Aug. 3 Cash Treasury Stock Paid-In Capital from Sale of Treasury Stock Nov. 14 Cash Paid-In Capital from Sale of Treasury Stock Treasury Stock Feedback