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In 2018, Western Transport Company entered into the treasury stock transactions described below. In 2016, Western Transport had issued 280 million shares of its $1 par common stock at $28 per share. Required: Prepare 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 (ie., 10,000,000 should be entered as 10).) 1 On January 23, 2018, Western Transport reacquired 20 million shares at $31 per share. 2. On September 3, 2018, Western Transport sold 2 million treasury shares at $32 per share 3. On November 4, 2018, Western Transport sold 2 million treasury shares at $29 per share Answer is not complete. General Journal Debit Credit No 1 Date January 23, 2018 Treasury stock Cash 1. On January 23, 2018, western transport reacquirea zu million snares at 31 per snare. 2. On September 3, 2018, Western Transport sold 2 million treasury shares at $32 per share. 3. On November 4, 2018, Western Transport sold 2 million treasury shares at $29 per share. Answer is not complete. General Journal Credit No 1 Date January 23, 2018 Treasury stock Cash Debit 620 620 September 03, 20 Cash Treasury stock Paid-in capital-excess of par Xololo 64 62 3 58 November 04, 20 Cash Paid-in capital-excess of par Treasury stock

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