Common stock, $ par $
Paidin capital in excess of par
Retained earnings
Record the following transactions by the cost method. List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
a Bought shares of its common stock at $ a share.
b Sold treasury shares at $ a share.
c Sold shares of treasury stock at $ a share.
No Account Titles and Explanation
Debit
Credit
a
