Mystic Lake Inc Bottles And Distributes Spring Water On July 9 Of The Current Year Mystic Lake Reacquired 3 600 Sha 1 (18.51 KiB) Viewed 52 times
Mystic Lake Inc Bottles And Distributes Spring Water On July 9 Of The Current Year Mystic Lake Reacquired 3 600 Sha 2 (13.77 KiB) Viewed 52 times
.. Mystic Lake Inc bottles and distributes spring water. On July 9 of the current year, Mystic Lake reacquired 3,600 shares of its common stock at $54 per share. On September 22, Mystic Lake sold 2,500 of the reacquired shares at $60 per share. The remaining 1,100 shares were sold at $51 per share on November 23 a. Journalize the transactions of July 9, September 22, and November 23. If an amount box does not require an entry, leave it blank July 9 Sept. Nov. 23 000 000 000 b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? e. For what reasons might Mystic Lake Inc. have purchased the treasury stock?
00 00 001 LGO 00% 100 LOO ALGO ALGO ALGO Mys What Go for CoStock Paid in Capital from Sale of Treasury Stack ang Tryck feming 1,300 shers were sold at 151 per share on Nabe 33 ury Sock on December 31 of the current year? the treasury sp
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