Fritz Inc. had no treasury stock at the beginning of the year. During February, Fritz purchased shares of treasury stock at $ per share. In May, Fritz sold of the treasury shares for $ per share. In November, Fritz sold the remaining treasury shares for $ per share.
Required:
Prepare journal entries for the February, May, and November treasury stock transactions.
General Journal
Prepare journal entries for the February May and November treasury stock transactions.
General Journal Instructions
tableGENERAL JOURNAL,ACCOUNTING EQUATIONDATE,ACCOUNT,POST. REF.,DEBIT,CREDIT,ASSETS,LIABILITIES,EQUITY
