Question: 30, 2018, for the transactions given in this exercise. Retained Larnings h lance of $73,000 at April 30, 2018. E13-25 Journalizing treasury stock transactions and
30, 2018, for the transactions given in this exercise. Retained Larnings h lance of $73,000 at April 30, 2018. E13-25 Journalizing treasury stock transactions and reporting stockholders' equity ern Amusements Corporation had the following stockholders' equity on November 30 Stockholders' Equity Paid-In Capital: Common Stock-$5 Par Value: 1,300 shares authorized, 250 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital 1,250 3,750 5,000 50,000 55,000 Retained Earnings Total Stockholders' Equity On December 30, Southern purchased 200 shares of treasury stock at $15 per share. Requirements 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2018. Assume the balance in retained earnings is unchanged from November 30 3. How many shares of common stock are outstanding after the purchase of sury stock? E13-26/Journalizing issuance of stock and treasury stock transactions ock transactions for Careful Driving School, Inc. follow: Mar. 4 Issued 27,000 shares of $1 par value common stock at $10 per share. May 22 Purchased 1,300 shares of treasury stock-common at $13 per share. Sep. 22 Sold 500 shares of treasury stock-common at $23 per share. Oct. 14 Sold 800 shares of treasury stock-common at $9 per share. Journalize the transactions
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