Agee Storage issued 35 million shares of its $1 common stock at $16 a share on July 1, 2006
Agee reacquired to retire 1 million shares at $14 a share on September 12, 2006.
Agee reacquired 4 million shares as treasury stock at $11 a share on October 7, 2006
Agee issued 3 million shares of treasury stock at $8.50 a share on November 1, 2006
Record all of the applicable general journal entries and post to T-Accounts
(check figure: after all entries have been recorded - APIC account = (510,000,000) & Treasury Stock = 11,000,000)
Agee Storage issued 35 million shares of its $1 common stock at $16 a share on July 1, 2006 Agee ...
3. The Jennings Group issued 3 million shares of $10 par value stock for $42 a share on January 1, 2006. The Jennings Group issued an additional 7 million shares of $10 par value stock for $44 a share on March 7, 2006. The Jennings Group reacquired 1 million of its shares at $50 per share as treasury stock on March 1, 2006. The Jenning Group reacquired and retired 4 million of its shares at $47 per share on April...
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