Question

Record DeMeo Corporation’s following stock transactions, which represent all the company’s treasury stock transactions during 2014, using T accounts:
May 5 Purchased 800 shares of its own $2 par value common stock for $20 per share, the current market price.
17 Sold 300 shares of treasury stock purchased on May 5 for $22 per share.
21 Sold 200 shares of treasury stock purchased on May 5 for $20 per share.
28 Sold the remaining 300 shares of treasury stock purchased on May 5 for $19 per share



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  • CreatedMarch 26, 2014
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