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Curtis Corporations balance sheet included the following: Common Stock, $5 par value, 5,000 shares issued...

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Accounting

Curtis Corporations balance sheet included the following:

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

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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