On October $10,$ the stockholders equity section of Sherman Systems appears as followrs.Prepare journal entries to record the following transactions for Sherman Systems.a$.$ Purchased $6,300$ shares of its own common stock at $$38$ per share on October $11.$b$.$ Sold $1,325$ treasury shares on November $1$ for $$44$ cash per share.c$.$ Sold all remaining treasury shares on November $25$ for $$37$ cash per share.Prepare the stockholders' equity section after the October $11$ treasury stock purchase.

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Prepare journal entries to record the following transactions for Sherman Systems.

a$.$ Purchased $6,300$ shares of its own common stock at $$38$ per share on October $11.$

b$.$ Sold $1,325$ treasury shares on November $1$ for $$44$ cash per share.

c$.$ Sold all remaining treasury shares on November $25$ for $$37$ cash per share.