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The Star Corporation bought 5,000 actions on circulation (those were assigned previously) of the actionists and paid $250,000 for them. After this transaction, they resell

  • The Star Corporation bought 5,000 actions on circulation (those were assigned previously) of the actionists and paid $250,000 for them. After this transaction, they resell 2,000 actions for $53 per action, the resell another 2,000 actions for $48 per action and finally resell 1,000 for $43.
  • Prepare the entry journals of the bought of the actions and the three actions of treasury
  • All the transactions need to be on the entry journal of treasury

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