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Taterbeer Company began 2021 with 100,000 shares of stock issued. In March, Taterbeer repurchased 2,000 of its own shares for $50 per share. In August,
Taterbeer Company began 2021 with 100,000 shares of stock issued. In March, Taterbeer repurchased 2,000 of its own shares for $50 per share. In August, it reissued 1,200 shares of treasury stock for $54 per share. In December, it reissued the remaining 800 shares for $52 per share. Required: A. Record the repurchase of 2,000 of its shares by Taterbeer in March. B. Record the reissuance of 1,200 shares in August. C. Record the reissuance of 800 shares in December. Your answers to this open-ended assignment should be placed in the space below this line. A Date Account Name Debit Credit March 2021 B B Date Account Name Debit Credit Aug 2021 C Date Account Name Debit Credit Dec 2021
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