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恰帕斯公司购买了2000shares of its $10 par value general stock for $120,000 on 1stAugust. It will hold these shares in the treasury until resold. On 1stDecember, the corporation sold 1,200 shares of treasury stock for cash at $72 per share. Journalize the treasury stock transactions.
Other Requirements:
Chiapas Corporation brought 2,000 shares of its $10 par value common stock for $120,000 on 1stAugust. It will hold these shares in the treasury until resold. On 1stDecember, the corporation sold 1,200 shares of treasury stock for cash at $72 per share. Journalize the treasury stock transactions.
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