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Wildhorse Corporation has outstanding 1 8 , 0 0 0 shares of $ 5 par value common stock. On August 1 , 2 0 2
Wildhorse Corporation has outstanding shares of $ par value common stock. On August Wildhorse
reacquired shares at $ per share. On November Wildhorse reissued the shares at $ per share. Wildhorse had no
previous treasury stock transactions.
Prepare the entry to retire the treasury shares remaining following the November reissuance. The shares were initially issued
for $ per share. List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do
not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
Date
Account Titles and Explanation
November
Common Stock
Paidin Capital in Excess of Par Common Stock
Retained Earnings
Debit
Credit
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