The stockholders' equity section of the balance sheet appears as follows at January 1, 2019: 
On March 1, 2019, the company repurchased 800 shares of its common stock at $12 per share but on April 6, 2019, it reissued 600 shares of the shares at $20 per share.
A)Prepare the journal entries to record for the March 1 and April 6 transactions.
B)How many shares of common stock are outstanding at March 31, 2019, and April 30, 2019, respectively?
Correct Answer:
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