On September 5 Bete Gas Corporation acquired 2500 shares of its own $1 par common stock for $23 per share. On October 15 1000 shares of the treasury stock is sold for $25 per share.
Instructions
Journalize the purchase and sale of the treasury stock assuming that the company uses the cost method.

Question

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The Answer of On September 5 Bete Gas Corporation acquired 2500 shares of its own $1 par common stock for $23 per share. On October 15 1000 shares of the treasury stock is sold for $25 per share.
Instructions
Journalize the purchase and sale of the treasury stock assuming that the company uses the cost method.

On September 5 Bete Gas Corporation Acquired 2500 Shares of Its