Ch 13: Corporati m/hm.tpx On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock $10 par value, 75,000 shares authorized, issued, and outstanding 750,000 231,000 Paid-in capital in excess of par value, common stock 888,000 Retained eamings $1,869,000 Total stockholders' equity 1. Prepare journal entries to record the following transactions fo Sherman systems. a. Purchased 5,300 shares own common stock ats28 per share on october 11. b. Sold 1,075 treasury shares on November 1 for $34 cash per share. c. Sold all remaining treasury shares on November 25 for $23 cash per share. view transaction list view general journal Debit Credit General Journal Transaction 148,400 Treasury stock 148,400 Cash 36,550 Cash 30,100 Treasury stock 6,450 Paid-in capital, treasury stock