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YOU MUST SHOW YOUR WORK TO RECEIVE FULL CREDIT On February 21,2018 Osa Steel Works incorporated in the State of California and is authorized to

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YOU MUST SHOW YOUR WORK TO RECEIVE FULL CREDIT On February 21,2018 Osa Steel Works incorporated in the State of California and is authorized to issue 50,000 $3 par value common shares The following stock transactions were made by Osa Steel during 2018. Prepare the 1 necessary journal entries to record the transactions in the financial records of the company a) 28-Feb Osa sold 45,000 of the $3 par value shares at a market price of $14 per share rctheh c) 1.Sep Sold 1,500 shares of treasury stock purchased on August 1 for $30 per share d) 21-Oct Sold 700 shares of treasury stock purchased on August 1 for $27 per share Treasury Stock & Owners Equity Sheet2 | Sheets

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