Retalned earnings

Total stockholders' equity

$960,009$

$$2,876,009$

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

a$.$ Purchased $6,200$ shares of its own common stock at $$37$ per share on October $11.$

b$.$ Sold $1,300$ treasury shares on November $1$ for $$43$ cash per share.

c$.$ Sold all remaining treasury shares on November $25$ for $$36$ 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 $1$

Required $2$

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

a$.$ Purchased $6,200$ shares of its own common stock at $$37$ per share on October $11.$

b$.$ Sold $1,300$ treasury shares on November $1$ for $$43$ cash per share.

c$.$ Sold all remaining treasury shares on November $25$ for $$36$ cash per share.

Journal entry worksheet

Record the purchase of $6,200$ shares of its own common stock for $537$ cash per share.