Entries for Treasury Stock On May 27, Mama Mia Inc. reacquired 80,000 shares of its...
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Entries for Treasury Stock On May 27, Mama Mia Inc. reacquired 80,000 shares of its common stock at $10 per share. On August 3, Mama Mia sold 51,000 of the reacquired shares at $13 per share. On November 14, Mama Mia sold the remaining shares at $8 per share. Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank. May 27 Aug. 3 Nov. 14
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