Overline Insert Column >Delete Column CLICK HERE TO SAVE YOUR WORK Merge Cell 3. Insert Row Conditional Formatt Delete Row Remove Condition A24 1 B On September 5, 2020, Frost Company purchased 20,000 shares of its common stock for the treasury at $12 per D E share. On December 6, 2020, Frost resold 15,000 shares of the treasury stock at $15 per share. 2 3 4 Prepare the journal entries on September 5 to record the purchase of treasury stock and December 1 to record the sale of treasury stock. 5 6 In order to receive full credit, you must also provide the date and an explanation. 7 8 9 10 11 12 Frost Company uses the following stockholders' equity accounts: Cash Dividends, Common Stock, Common Stock Dividends Distributable, Income Summary, Paid-in Capital in Excess of Par - Common Stock, Paid-in Capital from Treasury Stock, Retained Earnings, Stock Dividends, Cash Dividends. Date Account Title & Explanation Debit Credit 13 14 15 16 17 18 19 20 21 22 23 Sheet1 New