Item 44 Item 44 5 points Time Remaining 2 hours 35 minutes 59 seconds 02 35 59 In 2021, Poe's Products completed the treasury stock transactions described below January 2 Reacquired 10 million shares at $16 20 per share February 15 Sold 3 million shares at $20 10 per share September 20 Sold 3 million treasury shares at $15 10 per share Poe had issued 50 million shares of its $1 par common stock for $18 several years ago Required Record the above transactions assuming that Poe's Products uses the cost method (If no entry is required for a transaction event, select No journal entry required in the first account field Enter your answers in millions rounded to 2 decimal places (i e , 5,500,000 should be entered as 5 50) )

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Question: Item 44 Item 44 5 points Time Remaining 2 hours 35 minutes 59 seconds 02:35:59 In 2021, Poe's Products completed the treasury stock transactions described

Item 44

Item 44 5 points

Time Remaining 2 hours 35 minutes 59 seconds

02:35:59

In 2021, Poe's Products completed the treasury stock transactions described below.

January	2:	Reacquired 10 million shares at $16.20 per share.
February	15:	Sold 3 million shares at $20.10 per share.
September	20:	Sold 3 million treasury shares at $15.10 per share.

Poe had issued 50 million shares of its $1 par common stock for $18 several years ago. Required: Record the above transactions assuming that Poe's Products uses the cost method.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50).)

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