On April 2 a corporation purchased for cash 5,000 shares of its own $10 par common stock at $16 per share.It sold 3,000 of the treasury shares at $19 per share on June 10.The remaining 2,000 shares were sold on November 10 for $12 per share.

Question

On April 2 a corporation purchased for cash 5,000 shares of its own $10 par common stock at $16 per share.It sold 3,000 of the treasury shares at $19 per share on June 10.The remaining 2,000 shares were sold on November 10 for $12 per share.​

Quizplus · Accepted Answer

The Answer of On April 2 a corporation purchased for cash 5,000 shares of its own $10 par common stock at $16 per share.It sold 3,000 of the treasury shares at $19 per share on June 10.The remaining 2,000 shares were sold on November 10 for $12 per share.​

On April 2 a Corporation Purchased for Cash 5,000 Shares