Williams Pharmaceuticals issued 150 million shares of its $1 par common stock at $15 per share in 2014. They had the following transactions during 2014: Jun. 27: Williams Pharmaceuticals reacquired 10 million shares at $20 per share. Nov. 5: Williams Pharmaceuticals sold 2 million shares $21 per share. Prepare the appropriate journal entries to record each transaction.

Do not copy from chegg.

Answer rating: 100% (QA)

The Answer is in the image, click to view ... View the full answer