What is the balance in the paid-in capital

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Reference no: EM131958499

Prior to June 1, a company has never had any treasury stock transactions.

A company repurchased 200 shares of its $10 par common stock on June 1 for $50 per share On July 1, it reissued 50 of these shares at $55 per share. On August 1, it reissued 75 treasury shares at $49 per share.

What is the balance in the Paid-in Capital, Treasury Stock account on August 2 after all of the events in this and the last two questions are recorded?

Reference no: EM131958499

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