mosby company's balance sheet

Project Description:

mosby company's balance sheet shows:
common stock, $20 par $3,000,000
paid-in capital in excess of par 1,050,000
retained earnings 750,000
instructions: record the following transactions by the cost method.
a. bought 5,000 shares of its common stock at $30 a share.
b. sold 2,500 treasury shares at $31 a share.
c. sold 1,000 shares of treasury stock at $27 a share.

date account/description debit credit
a.



b.




c.
Skills Required:
Project Stats:

Price Type: Negotiable

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