cat55
Dec 9, 2008, 06:13 PM
a company had 1000 shares of $5 par value common stock outstanding. They entered in to the following transactions of their own stock
1. purchased 100 shares of $25 per share
2. sold 20 of those shares for $30 per share
3. sold an additional 20 shares for $18 per share
record on t accounts
1. purchased 100 shares of $25 per share
2. sold 20 of those shares for $30 per share
3. sold an additional 20 shares for $18 per share
record on t accounts