Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,000 shares of its own common stock at \\( \\$ 45 \\) per share on October 11 . b. Sold 1,500 treasury shares on November 1 for \\( \\$ 51 \\) cash per share. c. Sold all remaining treasury shares on November 25 for \\( \\$ 44 \\) cash per share. Journal entry worksheet Record the purchase of 7,000 shares of its own common stock for \\( \\$ 45 \\) cash per share. Record the reissue of 1,500 shares of the treasury stock for \\( \\$ 51 \\) cash per share. Note: Enter debits before credits. 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,000 shares of its own common stock at \\( \\$ 45 \\) per share on October 11 . b. Sold 1,500 treasury shares on November 1 for \\( \\$ 51 \\) cash per share. c. Sold all remaining treasury shares on November 25 for \\( \\$ 44 \\) cash per share. 2. Prepare the stockholders' equity section after the October 11 treasury stock purchase. Record the reissue of the remaining shares of the treasury stock for \\( \\$ 44 \\) cash per share. Note: Enter debits before credits