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In 2 0 2 4 , BorlaIn 2 0 2 4 , Borland Semiconductors entered into the transactions described below. In 2 0 2 1

In 2024, BorlaIn 2024, Borland Semiconductors entered into the transactions described below. In 2021, Borland had issued 190 million shares of its
$1 par common stock at $36 per share.
Required:
Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions:
Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers
in millions (i.e.,10,000,000 should be entered as 10).
On January 2,2024, Borland reacquired 12 million shares at $34.50 per share.
On March 3,2024, Borland reacquired 12 million shares at $38 per share.
On August 13,2024, Borland sold 1 million shares at $44 per share.
On December 15,2024, Borland sold 2 million shares at $38 per share.
Journal entry worksheet
Record the reacquisition of 12 million shares at $34.50 per share.
Note: Enter debits before credits.nd Semiconductors entered into the transactions described below. In 2021, Borland had issued 190 million shares of its $1 par common stock at $36 per share.
Required:
Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions:
Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e.,10,000,000 should be entered as 10).
On January 2,2024, Borland reacquired 12 million shares at $34.50 per share.
On March 3,2024, Borland reacquired 12 million shares at $38 per share.
On August 13,2024, Borland sold 1 million shares at $44 per share.
On December 15,2024, Borland sold 2 million shares at $38 per share.
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