Recording and Analyzing Treasury Stock Transactions LO11-3 During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. 1 Repurchased 200 shares of the company's own common stock at $20 cash per share. b. Jun. 14 Sold 40 shares of the shares purchased on April 1 for $25 cash per share. c. Sept. 1 Sold 30 shares of the shares purchased on April 1 for $15 cash per share. Required:Prepare journal entries for each of the above transactions. (lf no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
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Recording and Analyzing Treasury Stock Transactions LO11-3 During the year the following selected tr...
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