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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, SprayCo reacquired
Treasury Stock Transactions SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 14,100 shares of its common stock at $33 per share. On June 9, 8,900 of the reacquired shares were sold at $36 per share, and on November 13, 3,400 of the reacquired shares were sold at $35. 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. 9 Treasury Stock Cash June 9 Cash Treasury Stock Paid-In Capital from Sale of Treasury Stock Nov. 13 Cash Treasury Stock Paid-In Capital from Sale of Treasury Stock Feedback b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? Credit dropdown C. What is the balance measury Stock on December 31 of the current year? Debit
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