On January 1, 2020,Vidal Company issued 30,000 shares of $2 palet common stock for $150,000....
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On January 1, 2020,Vidal Company issued 30,000 shares of $2 palet common stock for $150,000. On March 1, 2020, the company purchased 6,000 shares of its common stock for 8 per stare for the treasury. On June 1, 2020, 1,500 of the treasury share are sold for $10 per share on September 1, 2020, 3,000 treasury shares are sold at $6 per share Journalize the stock transactions of Vidala Company in 2020. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Data Account Titles and Explanation Debit Credit Sept. 1
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