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Required: Assuming that Meca International views its share buybacks as treasury stock, record the appropriate journal entry for each of the following transoctions: (if no

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Required: Assuming that Meca International views its share buybacks as treasury stock, record the appropriate journal entry for each of the following transoctions: (if no entry is required for a transaction/event, select "No journal entry required" In the first account field. Enter your answers in millons (1.e., 10,000,000 should be entered as 10).) 1. On February 12, 2021, Meca reacquired 2 million common shares at $16 per share. 2. On June 9, 2022, Meca reacquired 3 million common shares at \$11 per share, 3. On May 25, 2023, Meca sold 3 miltion treasury shares at \$18 per share. Determine cost as the weighted-average cost of treasury shares 4. For the previous transaction, assume Meca determines the cost of treasury shares by the FFO method

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