Answer:
May 27	
Dr Treasury Stock $126,500 
Cr Cash $126,500
Aug. 3	
Dr Cash $83,200 
Cr Treasury Stock $73,600	
Cr Paid-in Capital from Sale of Treasury Stock $9,600
Nov. 14	
Dr Cash $50,600	
Dr Paid-in Capital from Sale of Treasury Stock $2,300	
Cr Treasury Stock $52,900
 
 
Explanation:
Preparation for the Journal entries for Buzz Off Inc
May 27	
Dr Treasury Stock $126,500
 (5,500 × $23) 
Cr Cash $126,500
Aug. 3	
Dr Cash $83,200
 (3,200 × $26) 
Cr Treasury Stock $73,600
 (3,200 × $23) 
Cr Paid-in Capital from Sale of Treasury Stock $9,600[3,200 × ($26 – $23)] 
Nov. 14	
Dr Cash $50,600
 ($5,500-$3,200 × $22)	
Dr Paid-in Capital from Sale of Treasury Stock $2,300
[$5,500-$3,200 × ($23 – $22)	
Cr Treasury Stock $52,900
 (2,300 × $23)