Treasury Stock Transactions Biscayne Bay Water Inc. bottles and distributes spring water. On May 14 of the current year, Biscayne Bay Water Inc. reacquired 2,300 shares of its common stock at $51 per share. On September 6, Biscayne Bay Water Inc. sold 1,700 of the reacquired shares at $55 per share. The remaining 600 shares were sold at $48 per share on November 30. Journalize the transactions of May 14, September 6, and November 30. For a compound transaction, if an amount box does not require an entry, leave it blank.
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Home » Business » Treasury Stock Transactions Biscayne Bay Water Inc. bottles and distributes spring water. On May 14 of the current year, Biscayne Bay Water Inc. reacquired 2,300 shares of its common stock at $51 per share. On September 6, Biscayne Bay Water Inc.