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On October 10, the stockholders' equity section of Sherman Systems appears as follows. Comanon stock-$10 par value, 5,725 sharea authorized, innued, and outstanding Paid-in eapital

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On October 10, the stockholders' equity section of Sherman Systems appears as follows. Comanon stock-\$10 par value, 5,725 sharea authorized, innued, and outstanding Paid-in eapital in excees of par value, bcothon istoek Retained esrning a Total stockbolderw " equity 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,300 shares of its own common stock at $48 per share on October 11 . b. Sold 1,575 treasury shares on November 1 for $54 cash per share. c. Sold all remaining treasury shares on November 25 for $47 cash per share. 2. Prepare the stockholders' equity section after the October 11 treasury stock purchase. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,300 shares of its own common stock at $48 per share on october 11 . b. Sold 1,575 treasury shares on November 1 for $54 cash per share. c. Sold all remaining treasury shares on November 25 for $47 cash per share. Journal entry worksheet Record the purchase of 7,300 shares of its own cammon stock for $48 cash per share. Hieter Arrm, Setate peecer erects 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,300 shares of its own common stock at $48 per share on October 11. b. Sold 1,575 treasury shares on November 1 for $54 cash per share. c. Sold all remaining treasury shares on November 25 for $47 cash per share. 2. Prepare the stockholders' equity section after the October 11 treasury stock purchase Complete this question by entering your answers in the tabs below. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,300 shares of its own common stock at $48 per share on October 11. b. Sold 1,575 treasury shares on November 1 for $54 cash per share. c. Sold all remaining treasury shares on November 25 for $47 cash per share. Journal entry worksheet Record the reissue of 1,575 shares of the treasury stock for $54 cash per share. Meseit Lnter debits beifere crecti. 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,300 shares of its own common stock at $48 per share on October 11. b. Sold 1,575 treasury shares on November 1 for $54 cash per share. c. Sold all remaining treasury shares on November 25 for $47 cash per share. 2. Prepare the stockholders' equity section after the October 11 treasury stock purchase. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,300 shares of its own common stock at $48 per share on October 11 . b. Sold 1,575 treasury shares on November 1 for $54 cash per share. c. Sold all remaining treasury shares on November 25 for $47 cash per share. Journal entry worksheet Record the reissue of the remaining shares of the treasury stock for 547 cash per share. Mebe Lrater detitu before crecift. 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,300 shares of its own common stock at $48 per share on October 11 . b. Sold 1,575 treasury shares on November 1 for $54 cash per share. c. Sold all remaining treasury shares on November 25 for $47 cash per share. 2. Prepare the stockholder's equity section after the October It 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

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