Exercise 11-13 (Algo) Recording and reporting treasury stock transactions LO P3 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5,400 shares of its own common stock at $29 per share on October 11. b. Sold 1,100 treasury shares on November 1 for $35 cash per share. c. Sold all remaining treasury shares on November 25 for $28 cash per share. 2. Prepare the stockholders' equity section after the October 11 trbasury stock purchase. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5,400 shares of its own common stock at $29 per share on October 11. a. Purchased 5,400 shares of its own commin stock 1,100 treasury shares on November 1 for $35 cash per share. b. Sold all remaining treasury shares on November 25 for $28 cash per share. Prepare fournal entries to record the following transactions for Sherman System5. a. Purchased 5,400 shares of its own common stock at $29 per share on October 11 . b. Sold 1,100 treasury shares on November 1 for $35 cash per share. c. Sold all remaining treasury shares on November 25 for $28 cash per share. 4. rrepare the stocknoiders equity secton arter the Uctooer nt treasury stock purcnase. Complete this quostion by entering your answers in the tabs below. Prepare the stockholders' equity section after the October 11 treasury stock purchase