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In 2 0 2 4 , Western Transport Company entered into the treasury stock transactions described below. In 2 0 2 2 , Western Transport
In Western Transport Company entered into the treasury stock transactions described below. In Western Transport had Issued million shares of its $ par common stock at $ per share.
Required:
Prepare the appropriate journal entry for each of the following transactions:
Note: If no entry is required for a transactlonevent select No Journal entry required" In the first account fleid. Enter your answers In millions Ie should be entered as
On January Western Transport reacquired million shares at $ per share.
On September Western Transport sold million treasury shares at $ per share.
On November Western Transport sold million treasury shares at $ per share.
Answer is complete but not entirely correct.
tableNoDate,General Journal,Debit,CreditJanuary Treasury stock,Cash,,
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