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Wonder Ltd . has treasury stock transactions in 2 0 X 9 as follows: a . Feb. 2 7 Purchased 1 4 1 , 3
Wonder Ltd has treasury stock transactions in X as follows:
a Feb. Purchased common shares as treasury stock at $ per share.
b March Purchased common shares as treasury stock for $ per share.
c April Reissued shares of treasury stock for $ per share.
d May Purchased common shares as treasury stock for $ per share.
e Nov. Reissued shares of treasury stock for $ per share.
At the end of X Wonder Limited had reported the following in shareholders equity:
Common shares, nopar value; authorized, unlimited shares; issued, shares, outstanding, shares
Contributed capital on treasury stock transactions
Retained earnings
Treasury stock, common shares
Required:
Prepare journal entries for the treasury stock transactions. If no entry is required for a transactionevent select No journal entry required" in the first account field. Round your intermediate calculations to decimal places.
Calculate the balances in the equity accounts, after the effects of the transactions in requirement Round your intermediate calculations to decimal places.
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