siicklmods4295
siicklmods4295
05.05.2020 • 
Business

SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 10,400 shares of its common stock at $33 per share. On June 9, 6,600 of the reacquired shares were sold at $35 per share, and on November 13, 2,500 of the reacquired shares were sold at $38. a. Journalize the transactions of March 9, June 9, and November 13. If an amount box does not require an entry, leave it blank. Mar. 9 June 9 Nov. 13 b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year

Solved
Show answers

Ask an AI advisor a question