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How do your figure out journal entry 3? n October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 73,000
How do your figure out journal entry 3? n October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 73,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 730, 000 221,000 872,000 nts $1,823,000 eBook Print 1. Prepare journal entries to record the following transactions for Sherman Systems a. Purchased 5,100 shares of its own common stock at $26 per share on October 11. b. Sold 1,025 treasury shares on November 1 for $32 cash per share. c. Sold all remaining treasury shares on November 25 for $21 cash per share. Vlow trensaction llst Journal entry worksheet 4 of 4 Score answer >
How do your figure out journal entry 3?
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