Treasury stock transactions-complete journal entries

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Reference no: EM1355912

Treasury Stock Transaction

Nature corporation engaged in the folloiwing treasury transactions during current year.

Aug 25 - Purchased 4,000 shares of treasury stock at $50 per share.

Oct 10 - Reissued 1,500 shares of treasury stock acquired on Aug 25 at price of $58 per share.

Dec 15 - Reissued 1,000 shares of treasury stock at $46 per share

Required:

Complete three journal entries to record these treasury stock transactions.

Reference no: EM1355912

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