Prepare journal entries for the selected transactions

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Reference no: EM13253149

A company reported the following stockholders' equity on January 1 of the current year:

Prepare journal entries for the following selected transactions related to this company's stock during the current year:

Mar. 1 Purchased 10,000 shares of treasury stock for $17 per share.

May 5 Sold 4,000 shares of treasury stock for $16 per share.

Oct 12 Sold 2,000 shares of treasury stock for $18 per share.

Reference no: EM13253149

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