A company reported the following stockholders' equity on January of the current year:
Common stock$ par value, shares authorized;
shares issued
Paidin capital in excess of par value, common stock
Retained earnings
Total stockholders' equity
Prepare journal entries for the following selected transactions.
March Purchased shares of its Own stock for $ cash per share.
May Sold e shares of its treasury stock for $ cash per share.
October Sold shares of its treasury stock for $ cash per share.
Journal entry worksheet
Purchased shares of its own stock for $ cash per share.
Note: Enter debits before credits.
