Business, 26.05.2021 15:30 marialandingin7520

) Supermart, Inc. completed the following treasury stock transactions in 2016: Mar. 3 Purchased 1,800 shares of the company's $ 6 par value common stock as treasury stock, paying cash of $ 10 per share. Mar. 17 Sold 400 shares of the treasury stock for cash of $ 14 per share. Mar. 25 Sold 600 shares of the treasury stock for cash of $ 6 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on March 24 is $ 1,600.) Journalize these transactions. Explanations are not required. How will Supermart, Inc. report treasury stock on its balance sheet as of December 31, 2016

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) Supermart, Inc. completed the following treasury stock transactions in 2016: Mar. 3 Purchased 1,80...

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