On January 1, Vermont Corporation had 42,400 shares of $11 par value common stock issued and outstanding. All 42,400 sha

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On January 1 Vermont Corporation Had 42 400 Shares Of 11 Par Value Common Stock Issued And Outstanding All 42 400 Sha 1 (16.14 KiB) Viewed 31 times

On January 1, Vermont Corporation had 42,400 shares of $11 par value common stock issued and outstanding. All 42,400 shares had been issued in a prior period at $19 per share. On February 1, Vermont purchased 1,200 shares of treasury stock for $25 per share and later sold the treasury shares for $21 per share on March 1. The journal entry to record the purchase of the treasury shares on February I would include a 330,000 11,00 gais sont toe 17.300. Oda Ty ok for 130.000 Oto Trey Sk Od O