On June 5, Belen Corporation reacquired 3,300 shares of its common stock at $45 per share. On

Question:

On June 5, Belen reacquired 3,300 shares of its at $45 per share.
On July 15, Belen sold 2,000 of the reacquired shares at $48 per share.
On August 30, Belen sold the remaining shares at $42 per share.
Journalize the transactions of June 5, July 15, and August 30.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...