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R. O Accounting Se (ACC 17 STANDARD VIEW NACE CALATOR Exercise 13-07 at on January 1, 2020, the stockholders equity section of Blue Spruce Corporation

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R. O Accounting Se (ACC 17 STANDARD VIEW NACE CALATOR Exercise 13-07 at on January 1, 2020, the stockholders equity section of Blue Spruce Corporation shows common stock (4 par value) $1,200,000; paid in capital in excess of par 1,000,000; and retaned earnings $1,190,000. During the year, the following treasury stock transactions occurred Mar. 1 Purchased 52,000 shares for cash at $15 per share July 1 Sold 10,000 treasury shares for cash at $17 per share. Sept. 1 sold 9,000 treasury shares for cash at $14 per share. Journal the treasury stack transactions (Record journal entries in the order rented in the problem. Credit accountries are automatically indented when amount were. Du no indent manually) Date Actities and Explanation Credit LIT OF ACCOUNT NETO TERE

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