Question
Treasury Stock Transactions Including RetirementE10B. Record Linens Corporations following stock transactions, which represent all its treasury stock transactions for the year, using T accounts: June
Treasury Stock Transactions Including RetirementE10B. Record Linens Corporations following stock transactions, which represent all its treasury stock transactions for the year, using T accounts:
June 1 Purchased 2,000 shares of its own $15 par value common stock for $35 per share, the current market price.
June 10 Sold 500 shares of treasury stock purchased on June 1 for $40 per share.
June 20 Sold 700 shares of treasury stock purchased on June 1 for $29 per share.
June 30 Retired the remaining shares purchased on June 1. The original issue price was $21 per share
I need Cash-Treasury Stock, Common-Retained Earnings-Paid in Capital, Treasury Stock-Common Stock-Additional Paid In Capital T accounts... With the break downs of # of shares x $
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