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Brief Exercise 15-08 Nash Inc. has outstanding 10,600 shares of $10 par value common stock. On July 1, 2020, Nash reacquired

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Journal Entries ($)
July 1,2020 Treeaury Stock Dr 9,135
To Cash (105*87) 9,135
September 1,2020 Cash Dr (64*90) 5,760
To Additional Paid in capital - Treasury Stock (Balancing Figure) 192
To Treasury Stock (64*87) 5,568
November 1, 2020 Cash Dr (85*41) 3,485
Additional Paid in capital-Treasury Stock Dr 82
To Cash 3,567
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