Question: QUESTION TWO (20 marks) Big Container Corporation began operations in early 2017 and had the following equity-related transactions: Transaction A: Issued 200,000 shares common stock

QUESTION TWO (20 marks) Big Container Corporation began operations in early

2017 and had the following equity-related transactions: Transaction A: Issued 200,000 shares

QUESTION TWO (20 marks) Big Container Corporation began operations in early 2017 and had the following equity-related transactions: Transaction A: Issued 200,000 shares common stock for $10 per share. The par value is $3 per share. Transaction B: Purchased 20,000 common shares for treasury at 512 per share. Transaction Sold 10,000 treasury shares at 515 per share. Transaction D: Sold 5,000 treasury shares at $10 per share. Required: Prepare the journal entries to record the above stock transactions. Account Titles Debit Credit

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