A company reported the following stockholders' equity on January 1 of the current year:
Prepare journal entries for the following selected transactions related to this company's stock during the current year:
Mar. 1 Purchased 10,000 shares of treasury stock for $17 per share.
May 5 Sold 4,000 shares of treasury stock for $16 per share.
Oct 12 Sold 2,000 shares of treasury stock for $18 per share.
Oct 12 Sold 2,000 shares of treasury stock for $18 per share.