Required information
EStatic Recording Treasury Stock Transactions and Analyzing Their Impact LO LO
The following information applies to the questions displayed below.
The following selected transactions occurred for Corner Corporation
February Purchased shares of the company's own common stock at $ cash per share; the stock is now held in treasury.
July Issued of the shares purchased on February for $ cash per share.
September Issued more of the shares purchased on February for $ cash per share.
EStatic Part
Required:
Indicate the account, amount, and direction of the effect for the above transactions. Enter any decreases to account balances with a minus sign.
tableAssets,Liabilities,Stockholders' EquityFebruary July July September Seplember