Augusta gardens inc develops amp produces spraying

Reference no: EM13602520

Augusta Gardens, Inc. develops & produces spraying equipment for lawn maintenance & industrial uses. On June 19th of the current year, Augusta Gardens Inc. reacquired 13,700 shares of it's commom stock at $31 per share. On August 30th 8,600 of the required shares were sold at $33 per share, & on September 6, 3,300 of the reacquired shares were sold at $35

(a) Journalize the transactions of June 19th, August 30, & September 6. For a compound transaction, if an amount box does not require an entry leave it blank
(b) What is the balance in Paid-In-Capital from sale of Treasury Stock on Dec.31 of the current year?
(c)What is the balance in Treasury Stock on Dec. 31 of the current year
(d) How will the balance in Treasury stock be reported on the balance sheet?

Reference no: EM13602520

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