Treasury Stock Transactions

Ebenezer Consulting had no treasury stock at the beginning of the year. During January, Ebenezer purchased 6,700 shares of treasury stock at $21 per share. In April, Ebenezer sold 4,100 of the treasury shares for $25 per share. In August, Ebenezer sold the remaining treasury shares for $20 per share.

Required:

Prepare journal entries for the January, April, and August treasury stock transactions.

January:	Treasury Stock	fill in the blank 2
	Cash		fill in the blank 4
	(Record purchase of treasury shares)
April:	Additional Paid-In Capital-Treasury Stock	fill in the blank 6	fill in the blank 7
	Additional Paid-In Capital-Treasury Stock	fill in the blank 9	fill in the blank 10
	Cash	fill in the blank 12	fill in the blank 13
	(Record reissue of treasury shares)
August:	Cash	fill in the blank 15	fill in the blank 16
	Additional Paid-In Capital-Treasury Stock	fill in the blank 18	fill in the blank 19
	Treasury Stock	fill in the blank 21	fill in the blank 22
	(Record reissue of treasury shares)