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TB Problem 18-158 (Algo) Cruz Cookie Company... Cruz Cookie Company (CCC) has 100 million shares of $1 par common stock authorized. The transactions below caused

image text in transcribedimage text in transcribed TB Problem 18-158 (Algo) Cruz Cookie Company... Cruz Cookie Company (CCC) has 100 million shares of $1 par common stock authorized. The transactions below caused changes in CCC's outstanding shares. January 4, 2024: Repurchased and retired 3.00 million shares at $7.00 per share. June 25, 2024: Repurchased and retired 4.00 million shares at $1.50 per share. Prior to the transactions, CCC's shareholders' equity included the following: Required: Prepare the journal entries to record the repurchase and retirement of the shares. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars. Journal entry worksheet Repurchased and retired 3.00 million shares at $7.00 per share. Note: Enter debits before credits. Journal entry worksheet Repurchased and retired 4.00 million shares at $1.50 per share. Note: Enter debits before credits

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