SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March...
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SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March of the current year, SprayCo reacquired shares of its common stock at $ per share. On June of the reacquired shares were sold at $ per share, and on November of the reacquired shares were sold at $
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a Journalize the transactions of March June and November If an amount box does not require an entry, leave it blank.
Mar.
June
Nov.
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b What is the balance in PaidIn Capital from Sale of Treasury Stock on December of the current year?
$fill in the blank afdffffe
c What is the balance in Treasury Stock on December of the current year?
$fill in the blank afdffffe
d How will the balance in Treasury Stock be reported on the balance sheet?
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