On July 1, 2010, Badertscher Corporation purchased 2,000 shares of its $ 0.10 par common stock for

Question:

On July 1, 2010, Badertscher purchased 2,000 shares of its $ 0.10 par for $ 15 per share. Make the entries for the following treasury stock transactions:
A. On July 18, 2010, it sold 600 of the treasury shares for $ 17 per share.
B. On August 1, 2010, it sold 800 more shares for $ 16 per share.
C. On December 1, 2010, Badertscher sold the remaining 600 shares for $ 12 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... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...