Question: I will give thumbs up. please answer all. Numbers and the blue arrows On May 27, Mama Mia Inc. reacquired 6,700 shares of its common

I will give thumbs up. please answer all. Numbers and the bluearrows On May 27, Mama Mia Inc. reacquired 6,700 shares of itsI will give thumbs up. please answer all. Numbers and the blue arrows

On May 27, Mama Mia Inc. reacquired 6,700 shares of its common stock at $19 per share. On August 3, Mama Mia sold 2,800 of the reacquired shares at $22 per share November 14, Mama Mia sold the remaining shares at $18 per share. Journalize the transactions of May 27, August 3, and November 14. For a compound transaction, if an amount box does not require an entry, leave it blank. May 27 Aug. 3 Nov. 14 Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 30,000 shares of common stock authorized, and 2,000 shares have been reacquired. Common Stock, $70 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock $1,470,000 29,000 378,000 853,000 13,000 Stockholders' Equity Paid-In Capital Total Paid-in Capital Total Total Stockholders' Equity

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