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    crazyclw's Avatar
    crazyclw Posts: 3, Reputation: 1
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    #1

    May 11, 2010, 04:13 PM
    Glaser company paid $36,000 to buy 3,000 shares of its $5 par value common stock for
    Glaser company paid $36,000 to buy 3,000 shares of its $5 par value common stock for the treasury. The stock wa originally sold for $27,000. The entry to record the purchases includes
    crazyclw's Avatar
    crazyclw Posts: 3, Reputation: 1
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    #2

    May 11, 2010, 04:14 PM

    Glaser company paid $36,000 to buy 3,000 shares of its $5 par value common stock for the treasury. The stock wa originally sold for $27,000. The entry to record the purchases includes
    crazyclw's Avatar
    crazyclw Posts: 3, Reputation: 1
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    #3

    May 11, 2010, 04:15 PM
    Glaser company paid $36,000 to buy 3,000 shares of its $5 par value common stock for the treasury. The stock wa originally sold for $27,000. The entry to record the purchases includes what?
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
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    #4

    May 11, 2010, 04:29 PM
    Hi, crazyclw!

    This isn't some computer where a person just plugs in their questions and the answers pop out. There are real people here who are volunteers who give freely of their time to help people with questions and other things.

    Now, are you looking for a direct answer to the question, or for someone to come along and teach you how to come up with the correct answer yourself, please?

    If the former is true, please click on the following link to read the announcement there.

    https://www.askmehelpdesk.com/financ...-b-u-font.html

    Thanks!
    shazydotcom's Avatar
    shazydotcom Posts: 23, Reputation: 1
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    #5

    May 15, 2010, 11:14 PM

    Dr. Treasury Stock 15000
    Dr. Premium on issue 12000
    Dr. Loss on purchase of treasury stock 9000

    Cr. Bank Account 36000
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #6

    May 20, 2010, 09:49 PM

    shazydotcom, we are not here just to answer people's homework for them. Especially with no explanation. Read the link in the thread above yours.

    And it's also incorrect.
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