Show Me How Treasury Stock Transactions Lawn Spray Inc. develops and produces spraying equipment for lawn maintenance and Industrial uses on January 31 of the current www.10. of its common stock at $28 per share. On June 14, 6,600 of the reacquired shares were sold at 531 per share, and on November 23, 2. other has $32. a. Journalize the transactions of January 31, June 14, and November 23. For a compound transaction, if an amount box does not require an entry, lesbian Jan. 31 Treasury Stock Cash June. 14 Cash Treasury Stock Pald-In Capital from Sale of Treasury Stock IMI Nov. 23 Cash Treasury Stock Paid-In Capital from Sale of Treasury Stock W1 b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? Credit c. What is the balance in Treasury Stock on December 31 of the current year? Debit d. How will the balance in Treasury Stock be reported on the balance sheet As a deduction from stockholders' equity