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Wonder Ltd. has treasury stock transactions in 20x9 as follows: a. Feb. 27 b. March 15 C. April 30 d. May 16 e. Nov. 26
Wonder Ltd. has treasury stock transactions in 20x9 as follows: a. Feb. 27 b. March 15 C. April 30 d. May 16 e. Nov. 26 Purchased 148,063 common shares as treasury stock at $6.50 per share. Purchased 64,698 common shares as treasury stock for $5.50 per share. Reissued 100,000 shares of treasury stock for $4.25 per share. Purchased 54,088 common shares as treasury stock for $6.85 per share. Reissued 268,090 shares of treasury stock for $4.00 per share. At the end of 20X8, Wonder Limited had reported the following in shareholders' equity Common shares, no-par value; authorized, unlimited shares; issued, 5,880,000 shares, outstanding, 5,500,eee shares Contributed capital on treasury stock transactions Retained earnings Treasury stock, 300,000 common shares 21,117,000 133,600 14,840,000 (1,260,000) Required: 1. Prepare journal entries for the treasury stock transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations to 2 decimal places.) View transaction list Journal entry worksheet
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