Complete journal entries part 1, 2, & 3.

On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 96,600 shares 960,0e0 authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 336,090 I , e56, 000 $2,352,000 1. Prepare journal entries to record the following transactions for Sherman Systems a. Purchased 7,400 shares of ts own common stock at $49 per share on October 11. b. Sold 1,600 treasury shares on November 1 for $55 cash per share. c. Sold all remaining treasury shares on November 25 for $44 cash per share. View transaction list Journal entry worksheet Record the purchase of 7,400 shares of its own common stock for $49 cash per share. Notes Enter debits before credits. General Journal Debit Credit Record entry Clear entry View general journal ere to search