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in 2024, Western Transport Company entered into the treasury stock transactions described below. In 2022, Western Transport had issued 140 million shares of its $1

in 2024, Western Transport Company entered into the treasury stock transactions described below. In 2022, Western Transport had issued 140 million shares of its $1 par common stock at $17 per share. Required: Prepare the appropriate journal entry for each of the following transactions: On January 23, 2024, Western Transport reacquired 10 million shares at $20 per share. On September 3, 2024, Western Transport sold 1 million treasury shares at $21 per share. On November 4, 2024, Western Transport sold 1 million treasury shares at $18 per share.

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