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Treasury Stock Transactions SprayCo Inc, develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCoreacquired 62,000

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Treasury Stock Transactions SprayCo Inc, develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCoreacquired 62,000 shares of its common stock at $51 per share. On June 9, 48,000 of the reacquired shares were sold at $60 per share, and on November 13, 7,500 of the reacquired shares were sold at $54. a. Journalize the transactions of March 9, June 9, and November 13. If an amount box does not require an entry, have it blank. Mar. 9 June 9 II III III II III III Nov. 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? d. How will the balance in Treasury Stock be reported on the balance sheet? 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. June 9 DII III II lll 101 II Nov. 13 b. What is the balance in Pald-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? d. How will the balance in Treasury Stock be reported on the balance sheet

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