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Treasury Stock Transactions Fritz Inc. had no treasury stock at the beginning of the year. During February, Fritz purchased 12,400 shares of treasury stock at

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Treasury Stock Transactions Fritz Inc. had no treasury stock at the beginning of the year. During February, Fritz purchased 12,400 shares of treasury stock at $21 per share. In May, Fritz sold 4,400 of the treasury shares for $23 per share. In November, Fritz sold the remaining treasury shares for $17 per share. Required: Prepare journal entries for the February, May, and November treasury stock transactions. If an amount box does not require an entry, leave it blank. Feb. May Nov

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