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The answers the question, Will I get better? Southem Amusements Corporation had the following stockholders' equity on November 30: (Click the icon to view the

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The answers the question, "Will I get better?" Southem Amusements Corporation had the following stockholders' equity on November 30: (Click the icon to view the stockholders' equity.) On December 30 , Southem purchased 200 shares of treasury stock at $15 per share. Read the requirements. Requirement 1. Journalize the purchase of the treasury stock. (Record debits first, then credits. Select the explanatic on the last line of the joumal entry table.) Data table Requirements 1. Joumalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31 , 2024. Assume the balance in retained earnings is unchanged from November 30. 3. How many shares of common stock are outstanding after the purchase of treasury stock

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