T: On January 1, 2022, Asheville Kitchen Company has the following stockholder's equity accounts: Common Stock,...

 

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T: On January 1, 2022, Asheville Kitchen Company has the following stockholder's equity accounts: Common Stock, $10 par value $1,700,000 Paid in Capital in Excess of Par 300,000 Retained Earnings 500,000 Total Stockholder's Equity $2,500,000 These transactions involving treasury stock happened during 2022: June 1 Purchases 8,000 shares of their own stock at $15 per share July 1 Sold back 3,000 shares of treasury stock at $18 per share October 1 Sold back 2,000 shares of treasury stock at $14 per share Journalize the transactions for 2022 T: On January 1, 2022, Asheville Kitchen Company has the following stockholder's equity accounts: Common Stock, $10 par value $1,700,000 Paid in Capital in Excess of Par 300,000 Retained Earnings 500,000 Total Stockholder's Equity $2,500,000 These transactions involving treasury stock happened during 2022: June 1 Purchases 8,000 shares of their own stock at $15 per share July 1 Sold back 3,000 shares of treasury stock at $18 per share October 1 Sold back 2,000 shares of treasury stock at $14 per share Journalize the transactions for 2022

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