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SUNY SLUCR UdlS LLUIS Chart of Accounts Journal Final Questions nstructions Lawn Spray inc. develops and produces spraying equipment for lawn maintenance and industrial uses.

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SUNY SLUCR UdlS LLUIS Chart of Accounts Journal Final Questions nstructions Lawn Spray inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On January 31 of the current year, Lawn Spray Inc. reacquired 50,000 shares of its common stock at $51 per share. On June 14, 24,000 of the reacquired shares were sold at $60 per share, and on November 23, 18,000 of the reacquired shares were sold at $56. Required: A Journalize the transactions of January 31, June 14 and November 29. Refer to the Chart of Accounts for exact wording of account titles B What is the balance in Padin Capital from Sale of Treasury Stock on December 31 of the current year? C What is the balance in Treasury Stock on December 31 of the current year? D. How will the balance in Treasury Stock be reported on the balance sheet? Nex (previous Check My Work 4x ORI

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