EllaJane Corporation was organized several years ago and was authorized to issue shares of $ par value preferred stock. It is also authorized to issue shares of $ par
value common stock.
NOTE: I know Im throwing you a bit of a curve on this problem. Please go to Chapter on Treasury Stock p
In its fifth year, the corporation has the following transactions. Using the accounts listed above, journalize the transactions.
PLEASE NOTE: For accounts having similar accounting treatment DR or CR you are to record accounts in the same order as shown in the textbook. You must enter the account names exactly
as written above and all dollar amounts will be rounded to whole dollars using $ and commas as needed ie $
Mar. Purchased shares of its own common stock at $ per share:
Apr. Reissued shares of its common stock held in the treasury for $ per share:
Jun. Reissued shares of common stock at $ per share:
