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In 2024, Western Transport Company entered into the treasury stock transactions described below. In 2022,...

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Accounting

In 2024, Western Transport Company entered into the treasury stock transactions described below. In 2022, Western Transportation had issued 110 million shares of its $1 par common stock at $11 per share.
Required:
Prepare the appropriate journal entry for each of the following transactions:
On January 23,2024, Western Transport reacquired 10 million shares at $14 per share.
On September 3,2024, Western Transport sold 3 million treasury shares at $15 per share.
On November 4,2024, Western Transport sold 3 million treasury shares at $12 per share.
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