Entries for treasury stock On May 27, Kick Off Inc. reacquired 78,000 shares of its common stock at $9 per share. On August 3, Kick Off sold 51,000 of the reacquired shares at $12 per share. On November 14, Kick Off sold the remaining shares at $7 per share. Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank. May 27 Aug. 3 Nov. 14 00 000 000 00 000 000
Entries for treasury stock On May 27, Kick Off Inc. reacquired 78,000 shares of its common stock at $9 per share. On August 3, Kick Off sold 51,000 of the reacquired shares at $12 per share. On November 14, Kick Off sold the remaining shares at $7 per share. Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank. May 27 Aug. 3 Nov. 14 00 000 000 00 000 000
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 11EA: Nutritious Pet Food Companys board of directors declares a cash dividend of $1.00 per common share...
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chapter 12 question 3
![Entries for treasury stock
On May 27, Kick Off Inc. reacquired 78,000 shares of its common stock at $9 per share. On August 3, Kick Off sold 51,000 of the reacquired shares at $12 per share. On
November 14, Kick Off sold the remaining shares at $7 per share.
Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank.
May 27
Aug. 3
Nov. 14](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1b94d3bc-2b1b-4a50-bde5-76c25cf1444b%2F0a6314ff-eb7d-4235-bd54-12b47e581ec9%2Fjcukgr_processed.png&w=3840&q=75)
Transcribed Image Text:Entries for treasury stock
On May 27, Kick Off Inc. reacquired 78,000 shares of its common stock at $9 per share. On August 3, Kick Off sold 51,000 of the reacquired shares at $12 per share. On
November 14, Kick Off sold the remaining shares at $7 per share.
Journalize the transactions of May 27, August 3, and November 14. If an amount box does not require an entry, leave it blank.
May 27
Aug. 3
Nov. 14
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