Yount Company originally issued 30,000 shares of $5 par common stock for $210,000 on January 3, 2010. Yount purchased 1,500 shares of treasury stock for $13,500 on November 2, 2010. On December 6, 2010, 600 shares of the treasury stock are sold for $6,000.
Instructions
Prepare journal entries to record these stock transactions.

Question

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The Answer of Yount Company originally issued 30,000 shares of $5 par common stock for $210,000 on January 3, 2010. Yount purchased 1,500 shares of treasury stock for $13,500 on November 2, 2010. On December 6, 2010, 600 shares of the treasury stock are sold for $6,000.
Instructions
Prepare journal entries to record these stock transactions.

Yount Company Originally Issued 30,000 Shares of $5 Par Common