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What is the journal entry for purchasing 400 shares of treasury stock at 7 per share?

Updated: 9/22/2023

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∙ 9y ago

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debit treasury stock 2800
credit cash / bank 2800

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∙ 9y ago

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Q: What is the journal entry for purchasing 400 shares of treasury stock at 7 per share?

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What journal entry should be passed when compay purchase shares?

[debit] treasury stock [credit] cash / bank

What is the journal entry for selling 7500 shares of treasury common for 457000?

debit cash / bank 457000credit share capital 457000

What is the journal entry for purchased 5000 shares of its own stock for 10 per share?

Debit Treasury Stock account50000 Credit Cash / bank account 50000

How do you record journal entry for purchase of treasury stock?

debit treasury stockcredit bank / cash

How do you prepare a journal entry for purches of shares?

Debit shares in companyCredit cash /bank

Related questions

How would you make a journal entry for a repurchased shares in a journal?

Debit treasury stockCredit cash / bank

What journal entry should be passed when compay purchase shares?

[debit] treasury stock [credit] cash / bank

What is the journal entry for selling 7500 shares of treasury common for 457000?

debit cash / bank 457000credit share capital 457000

If 20000 shares are reacquired as treasury shares at cost of 12.00 per share and par value is 10.00 per share what should be the journal entry?

debit treasury stock 200000debit premium 40000credit cash 240000

What is the journal entry for exchanging 20 shares of treasury stock to a lawyer for his services valued at 1500?

debit lawyer fee 1500credit share capital 1500

What is the journal entry for purchased 5000 shares of its own stock for 10 per share?

Debit Treasury Stock account50000 Credit Cash / bank account 50000

How do you record journal entry for purchase of treasury stock?

debit treasury stockcredit bank / cash

How do you prepare a journal entry for purches of shares?

Debit shares in companyCredit cash /bank

What is the journal entry for repurchasing common stock as treasury stock?

Debit treasury stockCredit cash / bank

What is the journal entry of issue of shares?

Debit Cash / bankCredit Shares in share capital of business

What is the journal entry on resale of treasury stock?

[debit] cash / bankcredit share capital

What is the Journal entry for buying back stock?

Debit treasury stockCredit cash /bank

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