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2) Record the reissue of 1,050 shares of the treasury stock for $33 cash per share.

3) Record the reissue of the remaining shares of the treasury stock for $22 cash per share.

On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$1e par value, 74,880 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 748,80e 226,808 880,000 $1,846,eee 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5,200 shares of its own common stock at $27 per share on October 11. b. Sold 1,050 treasury shares on November 1 for $33 cash per share. c. Sold all remaining treasury shares on November 25 for $22 cash per share. View transaction list Journal entry worksheet Record the purchase of 5,200 shares of its own common stock for $27 cash per share. Note: Enter debits before credits Transaction General Journal Debit Credit a. Record entry Clear entry View general journal