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In 2018, Borland Semiconductors entered into the transactions described below. In 2015, Borla $1 par common stock at $36 per share. Required: Assuming that Borland
In 2018, Borland Semiconductors entered into the transactions described below. In 2015, Borla $1 par common stock at $36 per share. Required: Assuming that Borland retires shares it reacquires, record the appropriate journal entry for ead entry is required for a transaction/event, select "No journal entry required" in the first accou (i.e., 10,000,000 should be entered as 10).) 1. On January 2, 2018, Borland reacquired 12 million shares at $34.50 per share. 2. On March 3, 2018, Borland reacquired 12 million shares at $38 per share. 3. On August 13, 2018, Borland sold 1 million shares at $44 per share. 4. On December 15, 2018, Borland sold 2 million shares at $38 per share. View transaction list Journal entry worksheet 1 2 3 4 > Record the reacquisition of 12 million shares at $34.50 per share. Record the reacquisition of 12 million shares at $38 per share. Note: Enter debits before credits. Date General Journal Debit Credit March 03, 2018 Record the sale of 1 million shares at $44 per share. Note: Enter debits before credits. Date General Journal Debit Credit August 13, 2018
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