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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 9 , 8

SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 9,800 shares of its common stock at $37 per share. On June 9,6,200 of the reacquired shares were sold at $40 per share, and on November 13,2,400 of the reacquired shares were sold at $43.
Question Content Area
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
June 9
Nov. 13
Question Content Area
b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year?
$fill in the blank 8a0639f9dffff9e_1
c. What is the balance in Treasury Stock on December 31 of the current year?
$fill in the blank 8a0639f9dffff9e_3
d. How will the balance in Treasury Stock be reported on the balance sheet?

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