Record Carmel Corporations following stock transactions, which represent all its treasury stock transactions for the year, using

Question:

Record Carmel Corporation’s following stock transactions, which represent all its treasury stock transactions for the year, using T accounts:
June 1 Purchased 1,000 shares of its own $30 for $70 per share, the current market price.
10 Sold 250 shares of treasury stock purchased on June 1 for $80 per share.
20 Sold 350 shares of treasury stock purchased on June 1 for $58 per share.
30 Retired the remaining shares purchased on June 1. The original issue price was $42 per share.

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... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...