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On Oc tober 10, the stockholders' equity of Sherman Systems appears as follows: Common stock $10 par value. 72.000 shares authorized, issued, and outstanding Paid-in

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On Oc tober 10, the stockholders' equity of Sherman Systems appears as follows: Common stock $10 par value. 72.000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Oe Total stockholders' equity 216,000 864,000 wowma$1800,000 journal entries to record the following transactions for Sherman Systems old all remaining treasury shares on November 25 for $20 cash per share. Prepare j hased 5,000 shares of its own common stock at $25 per share on October 11 000 treasury shares on November 1 for $31 cash per share

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