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Treasury Stock Transactions Lawn Spray Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On January 31 eacquired shares were sold at
Treasury Stock Transactions Lawn Spray Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On January 31 eacquired shares were sold at $36 per share, and on November 23, 3,500 of the reacquired shares were sold at $38 of the current year Lawn Spray Inc. reacquired 14,600 shares of its common stock at $34 per share. On June 14, 9,200 of the aJoumalize the transactions of January 31, June 14, and November 23. For a compound transaction, if an amount box does not require an entry, leave it blank. Jan. 31 Treasury Stock Cash June, 14 Cash Ireasury Stock . Paid in capital from sale of leasury stock y ) Nov. 23 Cash Treasury Stock Paid-In Capital from Sale of Treasury Stock b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? Credit c. What is the balance in Treasury Stock on December 31 of the current year? Debit
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