Preparing Entries for Treasury Stock Transactions Charter Inc. has 600,000 shares of $1 par...
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Preparing Entries for Treasury Stock Transactions Charter Inc. has shares of $ par common stock outstanding at the beginning of the year. Prepare entries for the following transactions affecting stockholders' equity. Assume PaidIn CapitalTreasury Stock has a zero beginning balance. a Jan. : Purchased common stock as treasury shares, shares at $ per share. b Sep. : Sold common treasury stock, shares at $ per share. c Dec. : Sold common treasury stock, shares at $ per share. 
Preparing Entries for Treasury Stock Transactions
Charter Inc. has shares of $ par common stock outstanding at the beginning of the year. Prepare entries for the following
transactions affecting stockholders' equity. Assume PaidIn CapitalTreasury Stock has a zero beginning balance.
a Jan. : Purchased common stock as treasury shares, shares at $ per share.
b Sep. : Sold common treasury stock, shares at $ per share.
c Dec. : Sold common treasury stock, shares at $ per share.
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