On November 13, HBO Entertainment Corp reacquired 1,880 of its own common shares for $15...
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Accounting
On November 13, HBO Entertainment Corp reacquired 1,880 of its own common shares for $15 per share. On December 30,HBO sold 480 of the shares reacquired on November 13 for $20 per share. The entry on December 30 includes a: Debit to Paid-in Capital for $2,400 Credit to Cash for $9,600 Credit to Treasury Stock for $7,200 Credit to Treasury Stock for $9,600
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