Chapter 18 Exercises and Problems 5 6.81 points Saved Help Save & Exit Submit 3 Check my work In 2024, Western Transport Company entered into the treasury stock transactions described below. In 2022, Western Transport had issued 240 million shares of its $1 par common stock at $24 per share. Required: Prepare the appropriate journal entry for each of the following transactions: Note: 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). eBook 1. On January 23, 2024, Western Transport reacquired 15 million shares at $27 per share. Hint 2. On September 3, 2024, Western Transport sold 3 million treasury shares at $28 per share. 3. On November 4, 2024, Western Transport sold 3 million treasury shares at $25 per share. Print View transaction list Journal entry worksheet References < 1 2 3 Record the reacquisition of 15 million shares at $27 per share. Note: Enter debits before credits. Date January 23, 2024 General Journal Debit Credit View general journal Record entry Clear entry >