Only the red mark. 1. Prepare journal entrles to record the following transactions...
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Accounting
Only the red mark.
1. Prepare journal entrles 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 journal 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
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