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Before Sunland Corporation engages in the treasury stock transactions listed below, its general ledger reflects, among others, the following account...
Paid-in Capital in Excess of Par—Common Stock
Common Stock
Retained Earnings
$103,500
$260,700
$82,700
(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
(a)Bought 370 shares of treasury stock at $40 per share.(b)Bought 290 shares of treasury stock at $44 per share.(c)Sold 340 shares of treasury stock at $42 per share.(d)Sold 100 shares of treasury stock at $38 per share.
No.
Account Titles and Explanation
Debit
Credit
(a)
(b)
(c)
(d)