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On October 10, the stockholders' equity of Sherman Systems appears as follows: Prepare journal entries to record the following transactions for Sherman Systems. Purchased 5.200

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On October 10, the stockholders' equity of Sherman Systems appears as follows: Prepare journal entries to record the following transactions for Sherman Systems. Purchased 5.200 shares of its own common stock at $27 per share on October 11. Sold 1, 050 treasury shares on November 1 for $33 cash per share. Sold all remaining treasury shares on November 25 for $22 cash per share

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