Office Goods, Inc. completed the following treasury stock transactions in :
View the transactions.
Requirements
Journalize these transactions. Explanations are not required.
How will Office Goods, Inc. report treasury stock on its balance sheet as of December
Requirement Journalize these transactions. Record debits first, then credits. Exclude explanations from any journal entries.
Dec. : Purchased shares of the company's $ par value common stock as treasury stock, paying cash of $ per share.
Transactions
Dec. Purchased shares of the company's $ par value common stock as treasury stock, paying cash of $ per share.
Dec. Sold shares of the treasury stock for cash of $ per share.
Dec. Sold shares of the treasury stock for cash of $ per share. Assume the balance in PaidIn Capital from Treasury Stock Transactions on December is $