Required information
The following information applies to the questions displayed below.
The following selected transactions occurred for Corner Corporation:
February Purchased shares of the company's own common stock at $ cash per share; the stock is now held in treasury.
July Issued of the shares purchased on February for $ cash per share.
September Issued more of the shares purchased on February for $ cash per share.
Required:
Indicate the account, amount, and direction of the effect for the above transactions. Enter any decreases to account balances with a minus sign.
tableAssets,,Liabilities,Stockholders' EquiFebruary Cash,,Treasury StockJuly Cash,Treasury StockJuly Additional PaidIn Capital, Treasury StockSeptember Cash,,Treasury StockSeptember Additional PaidIn Capital, Treasury Stock
