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Prepare Journal Entries for the Following Transactions for Broadbent Corporation $25 \$ 25

Question 116

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Prepare journal entries for the following transactions for Broadbent Corporation:
Jun. 10 Broadbent Corporation purchased 2,000 of its common shares for $25 \$ 25 per share.
The original issue price was $21 \$ 21 per share
Aug. 15 Broadbent Corporation sold 800 of the repurchased shares for $30 \$ 30 per share.
Oct. 30 Broadbent Corporation sold the remaining repurchased shares for $22 \$ 22 per share

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