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Treasury Mack transactions SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCa
Treasury Mack transactions SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCa reacquired 16,100 shares of its common stock at $26 per share. On June 9. 10.100 of the reacquired shares were sold at $25 per share, and on November 13, 3,900 of the reacquired shares were sold at $30. a. Journalize the transactions of March 9, June 9, and November 13. If an amount box does not require an entry leave it blank Mar 9 June 9 Now 13 b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? c. What is the balance in Treasury Stock on December 31 of the current year? it. How will the balance in Treasury Stock be reported on the balance sheet? SprayCa Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March of the current year, Sprayco reacquired 16,100 shares of its common atack at $25 per share. On June 9, 10,100 of the reacquired theres were sold at $20 per share, and on November 13, 3,900 of the reacquired shares weld at 130 a. Joumalus the transactions of March 9, June 9, and November 13. If an amount bex does not require an entry, Ha June 9 Nev 13 b. What is the balance in Faid-In Capital from Sale of Treasury Stock on December 31 of the current year What is the balance in Treasury Stock on December 31 of the rent year d. How will the balance in Treasury Stock be reported on the bence sheet
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