Tamarisk Corporation has outstanding $18,000$ shares of $$5$ par value common stock. On August $1,2025,$ Tamarisk reacquired $220$ shares at $$82$ per share. On November $1,$ Tamarisk reissued the $150$ shares at $$72$ per share. Tamarisk had no previous treasury stock transactions.

Prepare the entry to retire the treasury shares remaining following the November $1,2025,$ reissuance. The shares were initially issued for $$50$ per share.

Answer rating: 100% (QA)

Answer To prepare the entry to retire the treasury shares remaining following the November 1 2025 re... View the full answer