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Homework aspx?homeworkld 484897453iquestionld 1aflushedfead-5029871&centerwinsyes; a Secure https//www.mathxl.com/St Joseph Herman & 1 714/18 837 ACCT 2301.WP Homework: Chapter 10 Homework HW Score: 2.27%, 0.18 4 of 4 (1 complete) Score: 0 of 2 pts E10-25A (similar to) oumalize the folowing transacions of Fit Towm Sports, Inca chain of sports stores @jClick the icon to view the transactions ) Record debits frst, then credits Exclude explanations from any journal entries May 4 Issued 24,000 shares of no-par common stock a $12 per shane More Into May May 4 Issued 24,000 shares of no-par common stock at $12 per share Jud 22 Purchased 900 shares of treasury stock at $t0 per share Nov 22 Soid 100 shares of tbreasury stock ar 515 per share. Print Done oose from any list or enter any number in the input felds and then click Check Answer. Check Ann Clear All

Solution

(Figure in $) Date Accounts Titles & Explanation Debit Credit May-04 Cash 2,88,000 Common Stock 2,88,000 ($12 x 24,000) Jul-22 Treasury Stock 9,000 Cash 9,000 ($10 x 900) Nov-22 Cash 1,500 Treasury Stock 1,000 Paid in capital from treasury stock 500 ($15 x 100) ($5 x 100)