Question: please answer in excel hand Requirements 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at


hand Requirements 1. Journalize the purchase of the treasury stock. 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2018. Assume the balance in retained earnings is unchanged from November 30. 3. How many shares of common stock are outstanding after the purchase of treasury stock? Data table Stockholders' Equity Paid-In Capital: Common Stock-$5 Par Value; 1,300 shares authorized, 320 shares issued and outstanding $1,600 4,800 Paid-In Capital in Excess of Par Common Total Paid-In Capital 6,400 59,000 Retained Earnings $ Total Stockholders' Equity 65,400 Mountain Amusements Corporation had the following stockholders' equity on November 30: (Click the icon to view the stockholders' equity.) On December 30, Mountain purchased 100 shares of treasury stock at $14 per share. Read the requirements
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