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A company reported the following stockholders' equity on January 1 of the current year: ...

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Accounting

A company reported the following stockholders' equity on January 1 of the current year:
Common stock-$10 par value, 1,0,00 shares authorized; 250,0
shares issued
Paid-in capital in excess of par value, common stock
Retained earnings
Total stockholders' equity
Prepare journal entries for the following selected transactions.
March 1 Purchased 10,000 shares of its Own stock for $18 cash per share.
May 5 Sold 4,0 e shares of its treasury stock for $18 cash per share.
October 12 Sold 2,000 shares of its treasury stock for $19 cash per share.
Journal entry worksheet
1
2
3
Purchased 10,000 shares of its own stock for $18 cash per share.
Note: Enter debits before credits.
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