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Sunshine Clothing Company issues 4 , 2 0 0 shares of $ 1 par value common stock at $ 3 5 per share. Later in
Sunshine Clothing Company issues shares of $ par value common stock at $ per share. Later in the year, the company decides to purchase shares at a cost of $ per share.
Record the transaction if Sunshine resells the shares of treasury stock at $ per share. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the transaction if Sunshine resells the shares of treasury stock at $ per share.
Note: Enter debits before credits.
tableTransactionGeneral Journal,Debit,Credit
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