Journalize the entries to record the following transactions for Wilderness Resorts Inc. Refer to the Chart of Accounts for exact wording of account…
Journalize the entries to record the following transactions for Wilderness Resorts Inc. Refer to the Chart of Accounts for exact wording of account titles.
Jan.31 Reacquired 22,500 shares of its common stock at $31 per share.Apr.20 Sold 12,800 of the reacquired shares at $40 per share.Oct.4 Sold the remaining shares at $28 per share.
Leave a Reply
Want to join the discussion?Feel free to contribute!