Journalizing issuance of stock-treasury stock transactions

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Reference no: EM13755260

Journalizing issuance of stock and treasury stock transactions

Stock transactions for Careful Driving School, Inc. follow:

Mar. 4 Issued 22,000 shares of $1 par value common stock at $18 per share.

May 22 Purchased 1,400 shares of treasury stock-common at $11 per share. Sep. 22 Sold 500 shares of treasury stock-common at $24 per share.

Oct. 14 Sold 900 shares of treasury stock-common at $9 per share.

Journalize the transactions.

Reference no: EM13755260

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