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Accounting: journal Entry PART B ONLY HELP ACCOUNTING PART B...

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Accounting

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HELP ACCOUNTING PART B
Restate the entry for September 1, assuming the treasury shares were sold at $11 per sthare, (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) On January 1, 2022, the stockholders' equity section of Swifty Corporation shows common stock ( $6 par value) $1,800,000; paid-in capital in excess of par $1,040,000, and retained earnings $1,230,000. During the year, the following treasury stock transactions occurred. Mar. 1 Purchased 47,000 shares for cash at $15 per share. July 1 Sold 12,000 treasury shares for cash at $17 per share. Sept. 1 Sold 10,500 treasury shares for cash at \$14 per share. (a) Your answer iscorrect. Journalize the treasurystock transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automotically indented when amount is entered. Do not indent manually.) manus BYy

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