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1. In 2018, PQR Inc. entered the transactions described below. In 2015, PQR had issued 200 million shares of its $2 par common stock at

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1. In 2018, PQR Inc. entered the transactions described below. In 2015, PQR had issued 200 million shares of its $2 par common stock at $ 38 per share. Required: Assuming that PQR retires shares it reacquires, record the appropriate journal entry for each of the following transactions: 1. On February 23, 2018, PQR inc reacquired 13 million shares at $35 per share. 2. On March 15, 2018, POR Inc reacquired 19 million shares at $41 per share. 3. On May 24, 2018, PQR Inc sold 15 million shares at $40 per share. 4. On August 16, 2018, POR Inc sold 16 million shares at $ 37 per share

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