The rest of part A)

#2 PART A: Using the Balance Sheet Equation below, account for the folloiwng transactions: ASSETS Cash Example Balances $500,000 Liabilities + Assume Strand decides to Buy Back 1,500 shares of its Common Stock for $8/share Strand later re-issues 1,000 shares of the stock it bought back at $9/share TOTALS $500,000 Assets = $500,000 Liabs - $0 + PART B: Prepare Strand's Stockholders' Equity section: STOCKHOLDERS' EQUITY