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5 On October 10, the stockholders' equity of Sherman Systems appears as follows 2.5 points stock-$10 par value, 86,880 shares Paid-in capital in excess of

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5 On October 10, the stockholders' equity of Sherman Systems appears as follows 2.5 points stock-$10 par value, 86,880 shares Paid-in capital in excess of par value, Total stockholders equity $2,122,809 Print 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 6.400 shares of its own common stock at $39 per share on October 11 b. Sold 1,350 treasury shares on November 1 for $45 cash per share. c. Sold all remaining treasury shares on November 25 for $34 cash per share. Journal entry worksheet Prex 5 of Next ON

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