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SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 17,700 shares
SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 17,700 shares of its common stock at $29 per share. On June 9, 11,200 of the reacquired shares were sold at $31 per share, and on November 13, 4,200 of the reacquired shares were sold at $33. a. Journalize the transactions of March 9, June 9, and November 13. If an amount box does not require an entry, leave it blank. Mar. 9 Treasury Stock 513,300 Cash June 9 Cash Treasury Stock $13,300 347,200 0 Paid-In Capital from Sale of Treasury Stock Nov. 13 Cash 138,600 V Treasury Stock Paid-In Capital from Sale of Treasury Stock
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