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(Solved) : Werner Corporation Following Stockholders Equity Accounts January 1 2018 Comon Stock 10 Pe Q34214645

$ 16.00

Answer to werner corporation has the following stockholders’ equity accounts on january 1 2018 comon stock , 10$ per par value…….

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werner corporation has the following stockholders’ equityaccounts on january 1 2018

comon stock , 10$ per parvalue………………………………..$1.500.000

paid in capital in excess ofpar……………………………………$200.000

retained earnings…………………………………………………..$500.000

total stockholders’ equity………………………………………$2.200.000

the company uses the cost method to account for treasurytransactions during 2018 the following treasury stock transactionsoccured

april1 purchased 9000 shares at 16$ per share

august 1 sold 3.000 at 18$ per share

october 1 sold 3.000 at 15$ per share

journalize the treasury stock transactions for 2018