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In 2021, Poe's Products completed the treasury stock transactions described below. January 2: Reacquired 10 million shares at $15.30 per share. February 15: Sold 3

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In 2021, Poe's Products completed the treasury stock transactions described below. January 2: Reacquired 10 million shares at $15.30 per share. February 15: Sold 3 million shares at $19.65 per share. september 20: Bold 3 million treneury mhares at $14.65 per share. Poe had issued 50 million shares of its $1 par common stock for $18 several years ago Required: Record the above transactions assuming that Poe's Products uses the cost method. (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 the 5,500,000 should be entered as 5.50).) View transaction at Journal entry worksheet 1 2 3 Reacquired 10 million shares at $15.30 per share, Note: Enter debit before credits

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