Entries for Treasury Stock On May 27, Kick Off Inc. reacquired5,600 shares of its common stock at $46 per share. On August 3,Kick Off sold 2,900 of the reacquired shares at $49 per share.November 14, Kick Off sold the remaining shares at $45 per share.Journalize the transactions of May 27, August 3, and November 14.For a compound transaction, if an amount does not require an entry,leave it blank.
Entries for Treasury Stock On May 27, Kick Off Inc. reacquired5,600 shares of its common stock at $46 per share. On August 3,Kick Off sold 2,900 of the reacquired shares at $49 per share.November 14, Kick Off sold the remaining shares at $45 per share.Journalize the transactions of May 27, August 3, and November 14.For a compound transaction, if an amount does not require an entry,leave it blank.
Related questions
On March 4 of the current year, Barefoot Bay, Inc. reacquired 5,000 shares of its common stock at $89 per share. On August 7, Barefoot Bay sold 3,500 of the reacquired shares at $100 per share. The remaining 1,500 shares were sold at $88 per share on November 29.
1. Journalize the transactions of March 4, August 7, and November 29. If an amount box does not require an entry, leave it blank or enter "0".
| Mar. 4 | |||
| Aug. 7 | |||
| Nov. 29 | |||
2. What is the balance in Paid-in Capital from Sale of Treasury Stock on December 31 of the current year?
$
