On October $10,$ the stockholders' equity section of Sherman Systems appears as follows.

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.

Prepare the stockholders' equity section after the October $11$ treasury stock purchase.

Complete this question by entering your answers in the tabs below.

Required $1$

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.

$1$ Record the purchase of $5,400$ shares of its own common

stock for $$29$ cash per share.

$2$ Record the reissue of $1,100$ shares of the treasury stock

for $$35$ cash per share.

$3$ Record the reissue of the remaining shares of the

treasury stock for $$28$ cash per share. On October $10,$ the stockholders' equity section of Sherman Systems appears as follows.

Common stock$-$$$10$ par value, $76,000$ shares authorized, issued, and outstanding

Paid$-$in capital in excess of par value, common stock

Retained earnings

Total stockholders' equity

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.

Prepare the stockholders' equity section after the October $11$ treasury stock purchase.

Complete this question by entering your answers in the tabs below.

Prepare the stockholders' equity section after the October $11$ treasury stock purchase.On October $10,$ the stockholders$$ equity section of Sherman Systems appears as follows.

Common stock$$$$10$ par value, $76,000$ shares authorized, issued, and outstanding $ $760,000$

Paid$-$in capital in excess of par value, common stock $236,000$

Retained earnings $896,000$

Total stockholders$$ equity $ $1,892,000$

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

Purchased $5,400$ shares of its own common stock at $$29$ per share on October $11.$

Sold $1,100$ treasury shares on November $1$ for $$35$ cash per share.

Sold all remaining treasury shares on November $25$ for $$28$ cash per share.

Prepare the stockholders' equity section after the October $11$ treasury stock purchase.