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-   -   Accounting treasury stock (https://www.askmehelpdesk.com/showthread.php?t=290378)

  • Dec 9, 2008, 06:13 PM
    cat55
    Accounting treasury stock
    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
  • Dec 10, 2008, 02:33 PM
    pready

    See answer for same question in the Education Homework Help section for Accounting

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