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In 2018, Poe's Products completed the treasury stock transactions described below. January 2: Reacquired 10 million shares at $15.50 per share. February 15: Sold 3

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In 2018, Poe's Products completed the treasury stock transactions described below. January 2: Reacquired 10 million shares at $15.50 per share. February 15: Sold 3 million treasury shares at $19.75 per share. September 20: Sold 3 million treasury shares at $14.75 per share. Poe had issued 50 million shares of its $1 par common stock for $18 several years ago. Required: Record the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 2 decimal places (.e., 5,500,000 should be entered as 5.50).) View transaction list Journal entry worksheet 2 3 1 Reacquired 10 million shares at $15.50 per share. Note: Enter debits before credits General Journal Debit Credit Date January 02, 2018 View transaction list Journal entry worksheet Reacquired 10 million shares at $15.50 per share. Note: Enter debits before Debit Credit Date January 02, 2018 No journal entry required Accounts payable Accounts receivable Accumulated depreciation Record entry Clear entry View general Journal View transaction list Journal entry worksheet 1 2 3 Sold 3 million shares at $19.75 per share. Note: Enter debits before Date No journal entry required Accounts payable Accounts receivable Debit Credit February 15, 2018 Accumulated depreciation Record entry Clear entry View general journal Record the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 2 decimal places (.e., 5,500,000 should be entered as 5.50).) View transaction list Journal entry worksheet

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