Question

Given the following stockholders’ equity:
Common Stock, $8 par value, authorized 105,000 shares, 79,000 shares
issued and outstanding ................. $ 553,000
Retained Earnings .................. 490,000
Total Stockholders’ Equity ................ $1,043,000
Journalize the following entries:
201X
Apr. 3 Issued 5,500 shares at $12 per share.
9 Reacquired 205 shares at $10 per share.
15 Reissued 110 shares of treasury stock at $11 per share.
17 Reissued 46 shares of treasury stock at $5 per share.



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  • CreatedApril 24, 2014
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