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Journalize the transactions of july and september

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Treasury Stock Transactions

Mystic Lake Inc. bottles and distributes spring water. On July 9 of the current year, Mystic Lake reacquired 4,100 shares of its common stock at $52 per share. On September 22, Mystic Lake sold 2,900 of the reacquired shares at $56 per share. The remaining 1,200 shares were sold at $50 per share on November 23.

Problem 1: Journalize the transactions of July 9, September 22, and November 23. If an amount box does not require an entry, leave it blank.

Reference no: EM132736210

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