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On October 10, the stockholders' equity section of Sherman Systems appears as follows. 1. Prepare journal entrles to record the following transactions for Sherman Systems. a. Purchased 6.500 shares of its own common stock at $40 per share on October 11 . b. Sold 1,375 treasury shares on November 1 for $46 cash per share. c. Sold all remaining treasury shares on November 25 for $39 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 joumal entries to record the following transactions for Sherman Systems. a. Purchased 6,500 shares of its own common stock at $40 per share on October 11 . b. Sold 1.375 treasury shares on November 1 for $46 cash per share. c. Sold all remaining reasury shares on November 25 for $39 cash per share. Complete this question by entering your answers in the tahs below. Prepare journal entries to record the following transactions for Sheman Systerms. a. Purchased 6,500 shares of its own common stock at $40 per share on October 11 . b. Sold 1,375 treasury shares on November 1 for $46 cash per share c. Sold all remaining treasury shares on November 25 for $39 cash per share. Journal entry worksheet 3 Record the resisue of 1,375 shares of the treasury stock for $46 cash per share. Hete imer deties beforis pects. Journal entry worksheet Record the reissue of the remaining shares of the treasury stock for $39cash per share. Note: Inter dintels before cridats

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