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In 2018, Western Corporation completed the transactions listed below. Western had issued 200,000 shares of its $1 par common stock for $10 several months ago.

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In 2018, Western Corporation completed the transactions listed below. Western had issued 200,000 shares of its $1 par common stock for $10 several months ago. No balance in other Paid in capital accounts. February 21: Reacquired 70,000 shares at $12 to retire them. March 19; Reacquired 60,000 shares at $9 to retire them May 17: Sold 25,000 new shares at $8. Required: Please prepare journal entries for the three transactions above. In 2018, Western Corporation completed the transactions listed below. Western had issued 200,000 shares of its $1 par common stock for $10 several months ago. No balance in other Paid in capital accounts. February 21: Reacquired 70,000 shares at $12 to retire them. March 19; Reacquired 60,000 shares at $9 to retire them May 17: Sold 25,000 new shares at $8. Required: Please prepare journal entries for the three transactions above

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