Common stock, $5 par value, 5,000 shares issued
and outstanding $25,000 retained earnings 20,0...
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Common stock, $5 par value, 5,000 shares issued
and outstanding $25,000 retained earnings 20,000
total stockholders' equity
$45,000
prepare journal entries for the following transactions.
may
3
issued 500 shares at $6 per share
18
9
reacquired 100 shares at $4 per share
15
reissued 50 of the treasury shares at $7 per share
17
reissued 10 of the treasury shares at $3 per share
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