On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 91,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 91e,eee 311,e00 1,016,eee $ 2,237,e0e 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchase b. Sold 1,475 treasury shares on November 1 for $50 cash per share. c. Sold all remaining treasury shares on November 25 for $39 cash per share. d 6,900 shares of its own common stock at $44 per share on October 11. View transaction list Journal entry worksheet 2 3 Record the purchase of 6,900 shares of its own common stock for $44 cash per share. Note: Enter debits before credits ransaction General Journal Debit Credit tober 10, the stockholders' equity of Sherman Systems appears as follows Common stock-$1e par value, 91,ee0 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 916,ee0 311,800 1,016,0e0 $ 2,237,eee 1. Prepare journal entries to record the following transactions for Sherman Systems a. Purchased 6,900 shares of its own common stock at $44 per share on October 11. b. Sold 1,475 treasury shares on November 1 for $50 cash per share c. Sold all remaining treasury shares on November 25 for $39 cash per share. View transaction list Journal entry worksheet 2 Record the reissue of 1,475 shares of the treasury stock for $50 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit b. On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 91,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 910,eee 311,000 1.016,8ee $2,237,0ee0 1. Prepare journal entries to record the following transactions for Sherman Systems a. Purchased 6,900 shares of its own common stock at $44 per share on October 11. b. Sold 1,475 treasury shares on November 1 for $50 cash per share. c. Sold all remaining treasury shares on November 25 for $39 cash per share. View transaction list Journal entry worksheet 2 Record the reissue of the remaining shares of the treasury stock for $39 cash per share. Note: Enter debits before credits Transaction General Journal Debit Credit C. C. Record entry Clear entry View general journal 2. Prepare the revised equity section of its balance sheet after the October 11 treasury stock purchase. evised Equity Section of Balance Sheet After October 11 Total contributed capital Total Total stockholders' equity