Chemistry, 31.05.2020 04:59, katiebonar13

On May 3, Zirbal Corporation purchased 4,500 shares of its own stock for $36,000 cash. On November 4, Zirbal reissued 800 shares of this treasury stock for $7,200. Prepare the May 3 and November 4 journal entries to record Zirbal's purchase and reissuance of treasury stock.

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On May 3, Zirbal Corporation purchased 4,500 shares of its own stock for $36,000 cash. On November 4...