Question: Ch 11: Homework Assignment Seved Help Save & E Cheder 9 Part 1 of 4 0.58 points Required information E11-8 (Algo) Recording Treasury Stock Transactions
Ch 11: Homework Assignment Seved Help Save & E Cheder 9 Part 1 of 4 0.58 points Required information E11-8 (Algo) Recording Treasury Stock Transactions and Analyzing Their Impact (LO 11-2, LO 11-3) The following information applies to the questions displayed below.) The following selected transactions occurred for Corner Corporation: February 1 Purchased 430 shares of the company's own connon stock at $23 cash per share the stock is now held in treasury. July 15 Issued 115 of the shares purchased on February 1 for $33 cash per share. September 1 Issued 75 nore of the shares purchased on February 1 for $18 cash per share. eBook E11-8 (Algo) Part 1 Hinn Pin Required: 1. Indicate the account amount, and direction of the effect for the above transactions (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockhold February 1 July 15 July 15 September 1 September 1
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