What is the journal entry pakuna should make on march 17

Reference no: EM13568171

Pakuna Corporation has issued and outstanding 100,000 shares of its $1 par value common stock. This stock was issued at an average price of $19 per share. Last year Pakuna Corporation completed the treasury stock transactions listed below.

February 2:	Reacquired 8,000 shares at $28.
March 17:	Reissued 1,500 of the treasury shares at $34.
May 15:	Reissued 2,000 of the treasury shares at $25.

What is the journal entry Pakuna should make on March 17 related to treasury stock transactions using the Treasury Stock approach? Indicate your answer by filling in as many of the following response items below as needed to complete the journal entry (NOTE: You may not need all response items to complete the entry). Additionally, provide well-labeled calculations of your amounts in the textbox provided below.

In the journal entry, "" the acount called "" in the dollar amount of "."

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31.In the journal entry, "" the account called "" in the dollar amount of "$."

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32.In the journal entry, "" the account called "" in the dollar amount of "$."

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33.In the journal entry, "" the account called "" in the dollar amount of "$."

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34.Show your labeled calculations in the text box below:

Reference no: EM13568171

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