Coronado Inc. has outstanding 14,000 shares of $10 par value common
stock. On July 1, 2020, Coronado reacquired 109 shares at $87 per
share. On September 1, Coronado reissued 62 shares at $92 per
share. On November 1, Coronado reissued 47 shares at $85 per
share.
Prepare Coronado’s journal entries to record these transactions
using the cost method. (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.)
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