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Sin-1 AN A E Rabbce tablet tanca Aalbos 4. On January 1, 2017...

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Accounting

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Sin-1 AN A E Rabbce tablet tanca Aalbos 4. On January 1, 2017 the equily second Lopez Corporation sous Share capodan (55 pat value) $1500.000 Share premium-ordinary $1.000.000, and the mig $1200000. During the year the following treasury share transactions couted Mar 1 Purchased 30 000 shares for cash at 514 pet share July 1 Sold 6.000 treasury shares for cash at $17 per share Sept 1 Sold 5.000 treasury shares for cash at 513 per share Instructions (a) Joumalize the treasury share transactions (10 points) (6) Restate the entry for September 1, assuring the reasury shares were s Share (5 Points) 10 per Date Account Debit 2227 WORES DE

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