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work Chapter Question 3, SF13-6 (similar Out to HW Score: 88.57%, 4.43 of 5 Part 3 of 4 points Points: 0.5 of 1 Save K
work Chapter Question 3, SF13-6 (similar Out to HW Score: 88.57%, 4.43 of 5 Part 3 of 4 points Points: 0.5 of 1 Save K Cheap Quality Furniture, Inc. completed the following treasury stock transactions in 2024: (Click the icon to view the transactions.) ?) Requirements 1. Journalize these transactions. Explanations are not required. 2. How will Cheap Quality Furniture, Inc. report treasury stock on its balance sheet as of December 31, 2024? Dec. 20: Sold 800 shares of the treasury stock for cash of $1 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on December 20 is $2,300.) Date Debit Credit Dec. 20 Cash Paid-In Capital from Treasury Stock Transaction Retained Earnings Treasury Stock-Common Clear all Final check Demodocs example Get more help - 5:23 62F 109894 4310work: Homework Chapter Question 3, SF13-6 (similar to) HW Score: 88.57%, 4.43 of 5 Part 3 of 4 points Points: 0.5 of 1 n lis Cheap Quality Furniture, Inc. completed the following treasury stock transactions in 2024 More info - X on 1 ber 31, 202 Dec. 1 Purchased 1,200 shares of the company's $1 par value common stock as treasury stock, paying cash of $6 per share stion 2 Dec. 15 Sold 300 shares of the treasury stock for cash of $9 per share Dec. 20 Sold 800 shares of the treasury stock for cash of $1 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on December 20 is $2,300.) Paid-in Capita estion 3 Credit Jestion 4 Print Done Question 5 Treasury Stock-Common Clear all Get more help . Demodocs example elp me solve this
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