On January 1, 2025, Teal Mountain Supply company issued 17,000 shares of $2 par value common stock for 127,500. On March 1, 2025, the company purchased 2,125 shares of its common stock for 15 per share for the treasury. Journalize the stock transactions of Teal Mountain Supply company in 2025.

On January 1, 2025, Teal Mountain Supply company issued 17,000 shares of $2 par value common stock for 127,500. On March 1, 2025, the company purchased 2,125 shares of its common stock for 15 per share for the treasury. Journalize the stock transactions of Teal Mountain Supply company in 2025.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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answer in text form please (without image), Note: .Every entry should have narration please

On January 1, 2025, Teal Mountain Supply company issued 17,000
shares of $2 par value common stock for 127,500. On March 1,
2025, the company purchased 2,125 shares of its common stock
for 15 per share for the treasury. Journalize the stock transactions
of Teal Mountain Supply company in 2025.

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