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Entries for Treasury Stock On May 27, Mama Mia Inc. reacquired 3,500 shares of its common...

Entries for Treasury Stock

On May 27, Mama Mia Inc. reacquired 3,500 shares of its common stock at $19 per share. On August 3, Mama Mia sold 1,400 of the reacquired shares at $22 per share. November 14, Mama Mia sold the remaining shares at $18 per share.

Journalize the transactions of May 27, August 3, and November 14. For a compound transaction, if an amount box does not require an entry, leave it blank.

May 27 Treasury Stock
Cash
Aug. 3 Cash
Nov. 14
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