Required: Assuming that Meca International views its share buybacks as treasury stock, record the appropriate journal entry for each of the following transactions: (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).) ints Skipped 1. On February 12, 2018, Meca reacquired 2 million common shares at $19 per share. 2. On June 9, 2019, Meca reacquired 3 million common shares at $14 per share. 3. On May 25, 2020, Meca sold 3 million treasury shares at $22 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 FIFO method. eBook View transaction list Hint Journal entry worksheet 2 3 4 Print Record the reacquisition of 2 million common shares at $19 per share. References Note: Enter debits before credits. General Journal Debit Credit Date February 12, 2018 Required: Assuming that Meca International views its share buybacks as treasury stock, record the appropriate journal entry for each of the following transactions: (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions (.e., 10,000,000 should be entered as 10).) pints Skipped 1. On February 12, 2018, Meca reacquired 2 million common shares at $19 per share. 2. On June 9, 2019, Meca reacquired 3 million common shares at $14 per share. 3. On May 25, 2020, Meca sold 3 million treasury shares at $22 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 FIFO method. eBook View transaction list Hint Journal entry worksheet