Question: Problem 10 Indiana Corp. has a zero balance in its treasury stock account on December 31, 2013. During 2014 Indiana had the following transactions regarding

Problem 10 Indiana Corp. has a zero balance in its treasury stock account on December 31, 2013. During 2014 Indiana had the following transactions regarding treasury stock: March 1: Reacquired 10,000 shares of no-par common stock at $15 per share. June 1: Reissued 4,000 shares of no-par common stock at $17 per share. September 1: Reissued 3,000 shares of no-par common stock at $14 per share. Using the cost method to account for treasury stock, prepare journal entries to record the above transactions

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