Record the journal entrries for the given transzctions

Assignment Help Accounting Basics

Reference no: EM131928432

Problem

New beginning corporation began 2XXXwith the following accounts common stck $20par 100000 authourized, 75000 issued $1500000 paid-in capital in excess of par common 500000 retained earnings 750000 in january 2XXX, new Beginning Corporation reported the following

jan 10 Reacquired 5000 shares of it's own stck for $30 per share
20 Sold 3000 shares of treasury stock for $ 33 per share
30 Spld the remaining shares of treasury stock for $22 per share

Required

Record the journal entrries for the adove transzctions?

Reference no: EM131928432

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