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The number of shares traded in the market for Company ( S ) reached 1 0 0 thousand ordinary shares with a nominal value of
The number of shares traded in the market for Company S reached thousand ordinary shares with a nominal value of dinar. These shares were issued at a price of dinars per share. The following operations took place in that company.
The company purchased shares of its stock as treasury shares at a price of dinars per share.
shares of treasury stock were resold at a price of dinars per share.
shares of treasury stock were resold at a price of dinars per share.
Required: Make the necessary daily entries to record previous transactions using the cost method.
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