$($i$)($Click the loon to view the transections.$)$

Read the requirements

Requirement $1.$ Record the transactions in the jourmal. Explanations are not required. $($Record debits first, then credith. Exclude explanations from any joumal entries.$)$

Feb $15$: Purchased $12,000$ shares of treasury stock at $$5$ per share.

Sep $28$: Declared and distributed a $20\%$ stock dividend on the $84,000$ shares of outstanding common stock. The market value of Entertainment's common stock was $$7$ per share, More info

Feb

$15$

Purchased $9$ comma $000$ shares of treasury stock at $ $4$ per share.

Mar

$8$

Sold $8$ comma $000$ shares of treasury stock for $ $5$ per share.

Sep

$28$

Declared and distributed a $10\%$ stock dividend on the $94$ comma $000$ shares of outstanding common stock. The market value of Relaxation$\text{'}$s common stock was $ $13$ per share. The balance sheet of Relaxation$,$Inc$.,$ at December$31,2017,$ reported $750$ comma $000$ shares of $$$$2$ par common stock authorized with $95$ comma $000$ shares issued and outstanding.$$ Paid$-$in capital in excess of parlong dashcommon had a balance of $ $305$ comma $000.$ Retained earnings had a balance of $ $140$ comma $000.$ During $2018,$ the company completed the following selected$$ transactions:

LOADING...$($Click the icon to view the$$ transactions.$)$ complete all steps