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Prepare the entries for both the purchase and subsequent resale for the above transactions of the shares assuming the shares are retired. Note: If no

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Prepare the entries for both the purchase and subsequent resale for the above transactions of the shares assuming the shares are retired. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10 ). Journal entry worksheet Record the purchase of 9 million shares at $14 per share assuming the shares are retired. Note: Enter debits before credits

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