BUYING TREASURY STOCK 1 4 5 3 2 1. Write the date. 4. Write the debit amount. 4 5 5. Record the credit amount. 3. Record the check number. 3 2. Enter the account title. 2 Lesson 12-2, page 329

SELLING TREASURY STOCK FOR ORIGINAL COST 1. Write the date. 1 5. Record the credit amount. 5 4 4. Write the debit amount. 3. Record the receipt number. 3 2. Enter the account title. 2 Lesson 12-2, page 330

    Number Value of Shares  per Share = Value 1 SELLING TREASURY STOCK FOR MORE THAN ORIGINAL COST     Number Value of Shares  per Share = Value 1 Total received 200  $15.00 = $3,000.00 Original cost 200  12.00 = 2,400.00 Amount in excess of original cost $ 600.00 2 4 5 6 3 1. Calculate the amounts to be recorded. 4. Record the receipt number. 5. Write the debit amount. 2. Write the date. 6. Record the credit amounts. 3. Enter the account titles. Lesson 12-2, page 331

    1 Number Value of Shares  per Share = Value SELLING TREASURY STOCK FOR LESS THAN ORIGINAL COST     Number Value of Shares  per Share = Value 1 Original cost 50  $12.00 = $600.00 Total received 50  10.00 = 500.00 Amount received less original cost $ 100.00 2 4 5 3 6 1. Calculate the amounts to be recorded. 4. Record the receipt number. 5. Write the debit amounts. 2. Write the date. 6. Record the credit amount. 3. Enter the account titles. Lesson 12-2, page 332

TERMS REVIEW treasury stock Lesson 12-2, page 333