170. A corporation purchased for cash 5,000 shares of its own $10 par common stock at $26 a share. In the following year, it sold 2,000 of the treasury shares at $29 a share for cash. (a) ...

170. A corporation purchased for cash 5,000 shares of its own $10 par common stock at $26 a share. In the following year, it sold 2,000 of the treasury shares at $29 a share for cash.

(b)

171. On June 5, Belen Corporation reacquired 3,300 shares of it common stock at $45 per share. On July 15, Belen sold 2,000 of the reacquired shares at $48 per share. On August 30, Belen sold the remaining shares at $42 per share.


Journalize the transactions of June 5, July 15, and August 30.