Question
XYZ Corporation has the following stockholders' equity accounts on January 1 2022: Common Stock, $3 par value $1.800.000 Paid-in Capital in Excess of Par 250,000
XYZ Corporation has the following stockholders' equity accounts on January 1 2022: Common Stock, $3 par value $1.800.000 Paid-in Capital in Excess of Par 250,000 Retained Earnings 345.000 Total Stockholders' Equity $2,395,000 Complete the below journal entries that occurred during 2022. Always include the debit account first and the credit accounts second. If you have a compound entry with multipl debit and or credit accounts include DR and CR to designate if you are debiting or crediting the account. See the example below remembering each line here is one line you are typing into. DR Equipment $100,000 CR Accounts Payable $50,000
CR Cash $50,000
Part A
July 18 XYZ purchased 60,000 of its own $3 par value shares as treasury stock at $15 per share. Blank # 1 Blank # 2
Part B
September 19 XYZ sold 16,000 of the treasury shares at $18 per share. Blank # 1
Blank # 2 Blank # 3
Part C
October 12 XYZ sold 15,000 of the treasury shares at $14.50 per share.
Blank # 1
Blank # 2 Blank # 3
What do I fill in for each of the banks?
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