Essay On Treasury Stock Operations

Journalising Issue of Shares and Treasury Stock Operations Common Stock, $10 par value, 250,00 shares authorized        200,000 shares issued and outstanding-$2,000,000Additional paid in capital for common stock    -$1,000,000Retained Earnings                                       – $800,000During year 2015 the following transaction took placeJune2,                 Issued additional 8,000 shares of common stock for $110,000Oct. 1                Management.