Given the following stockholders’ equity:
Common Stock, $9 par value, authorized 110,000 shares, 77,000 shares
issued and outstanding .................. $ 539,000
Retained Earnings .................... 530,000
Total Stockholders’ Equity ................. $1,069,000
Journalize the following entries:
201X
Apr. 3 Issued 4,500 shares at $10 per share.
9 Reacquired 204 shares at $5 per share.
15 Reissued 100 shares of treasury stock at $8 per share.
17 Reissued 40 shares of treasury stock at $4 per share.