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what am i missing? On October 10, the stockholders' equity of Sherman Systems appears as follows Common stock-$18 par value, 74.000 shares 740,000 226,000 880,000
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On October 10, the stockholders' equity of Sherman Systems appears as follows Common stock-$18 par value, 74.000 shares 740,000 226,000 880,000 $1,846,000 authorized. issued., and outs tanding Paid in capitel in excess of par value, common stock Retained earnings Total stockholders equity 1. Prepare journal entries to record the following transactions for Sherman Systems. o. Purchased 5.200 shares of its own common stock at $27 per share on October 11. b. Sold 1050 treasury shares on November 1 for $33 cash per share. c. Sold all remaining treasury shares on November 25 for $22 cash per shareStep by Step Solution
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