On July 1, Blue Spruce Corporation purchases 460 shares of its $5 par value common stock for the treasury ata share. On September 1, it sells 210 shares of the treasury stock for cash at $13 per share. Journalize the two treasury stock transactions. (List all debit entrles before credlt entrles. Record Journal entrles In the order presented In the problem. Credit account titles are automatically Indented when amount Is entered. Do not Indent manually.) Date Account Titles and Explanation Debit Credit

On July 1, Blue Spruce Corporation purchases 460 shares of its $5 par value common stock for the treasury ata share. On September 1, it sells 210 shares of the treasury stock for cash at $13 per share. Journalize the two treasury stock transactions. (List all debit entrles before credlt entrles. Record Journal entrles In the order presented In the problem. Credit account titles are automatically Indented when amount Is entered. Do not Indent manually.) Date Account Titles and Explanation Debit Credit

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

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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