Question: On October 10. the sta:kholders equity of Sherman Systems appears as follows. Conunon stockSle par value, 86,ae shares authorized, issued, and outstanding Paid-in capital

On October 10. the sta:kholders equity of Sherman Systems appears as follows.

Conunon stockSle par value, 86,ae shares authorized, issued, and outstanding Paid-in capital

On October 10. the sta:kholders equity of Sherman Systems appears as follows. Conunon stockSle par value, 86,ae shares authorized, issued, and outstanding Paid-in capital in excess of par value, stock Retained earnings Total stockholders' equity 86e,e 286,e 976 e I. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 6.400 shares of its cnvn common stock at $39 per share on October II. b. Sold 1.350 treasury shares on November I for S45 cash per share. c. Sold all remaining treasury shares on November 2S for $34 cash per share. list ur-y stock stock Paid-ln capital. stEk aid-in capital, stEk 24g,o.oo do. 750 171,700 242000 52,560 Z Prepare the revised equity section of its balance sheet after the October II treasury Stuk purchas reasury stock Total it. Total stockholds equity

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