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Business, 15.07.2019 20:40 mariahcrook7

On january 2, 2016, alpha corporation issued 15,000 shares of $10 par value common stock for $15 per share. on march 1, 2016, alpha reacquired 1,000 of these shares when they were trading $20 each. september 1, 2016, when the market was soaring, alpha reissued 500 shares of treasury stock at the going market rate of $25 per share. use this information to prepare the general journal entry (without explanation) for september 1.

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On january 2, 2016, alpha corporation issued 15,000 shares of $10 par value common stock for $15 per...
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