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Soved A 1 4 - 9 Treasury Stock ( LO 1 4 - 4 ) On 1 January 2 0 X 1 , Grey Corp.
Soved A Treasury Stock LO On January X Grey Corp. Issued nopar common shares at $ per share. In there were treasury stock transactions. On January the company purchased of its own common shares at $ per share to be held as treasury stock. On March, of the treasury shares were resold at $ On March, shares were purchased for $ On March, of the treasury shares were sold for $ The remaining shares were cancelled and retired on June. The balance in retained earnings was $ prior to these transactions. Required: Provide all entries. Do not round intermedlate calculatlons and round your final answers to the nearest whole dollar. If no entry is required for a transactionevent select No journal entry required" In the first account fleld. Journal entry worksheet Record purchase of common shares as treasury stock at $ per share.
Soved
A Treasury Stock LO
On January X Grey Corp. Issued nopar common shares at $ per share. In there were treasury stock transactions. On January the company purchased of its own common shares at $ per share to be held as treasury stock. On March, of the treasury shares were resold at $ On March, shares were purchased for $ On March, of the treasury shares were sold for $ The remaining shares were cancelled and retired on June. The balance in retained earnings was $ prior to these transactions.
Required:
Provide all entries. Do not round intermedlate calculatlons and round your final answers to the nearest whole dollar. If no entry is required for a transactionevent select No journal entry required" In the first account fleld.
Journal entry worksheet
Record purchase of common shares as treasury stock at $ per share.
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