On February 1, 2019, Destiny Enterprise repurchases 770 shares of its outstanding common stock for $9 per share. On March 1, 2019, Destiny sells 250 shares of treasury stock for $12 per share. On May 10, 2019, Destiny sells the remaining 520 shares of its treasury stock for $6 per share. Prepare the journal entries to record these transactions.

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.