Question: Exercise 1113A (Algo) Recording and reporting treasury stock transactions LO 11.5 The following information pertains to JAE Corporation at January 1, Year 1 : JAE

Exercise 1113A (Algo) Recording and reporting treasury stock transactions LO 11.5 The following information pertains to JAE Corporation at January 1, Year 1 : JAE Corporation completed the following transactions during Year 1 : 1. 1ssued 950 shares of $10 par common stock for $27 per share. 2. Repurchased 150 shares of its own common stock for $24 per share. 3. Resold 50 shares of treasury stock for $25 per share. Required: a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end of the period? c. Organize the transactions data in accounts under the accounting equation. d. Prepare the stockholders' equity section of the bolance sheet reflecting these transactions. Complete this question by entering your answers in the tabs below. Organize the transactions data in accounts under the accounting equation. Nura Finter anv decreases to account balances with a minus sign. Not all cells require input. c. Organize the transactions data in accounts under the accounting equation. d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions Answer is not complete. Complete this question by entering your answers in the tabs below. Organize the transactions data in accounts under the occounting equation. Note: Enter any decreases to account balances with a minus sigh. Not alf cels require input
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