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In 2 0 2 4 , Poe's Products completed the treasury stock transactions described below. January 2 : Reacquired 1 0 million shares at $
In Poe's Products completed the treasury stock transactions described below.
January : Reacquired million shares at $ per share.
February : Sold million treasury shares at $ per share.
September : Sold million treasury shares at $ per share.
Poe had issued million shares of its $ par common stock for $ several years ago.
Required:
Record the above transactions assuming that Poe's Products uses the cost method.
Note: If no entry is required for a transactionevent select No journal entry required" in the first account field. Enter your answers in millions rounded to decimal places ie should be entered as
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