Question: numebr 6 please cell reference on your excel sheet View Policies Current Attempt in Progress The shareholders' equity section of Charley Corporation is as follows:

View Policies Current Attempt in Progress The shareholders' equity section of Charley Corporation is as follows: CHARLEY CORPORATION Balance Sheet (partial) December 31, 2021 Contributed capital $2 cumulative preferred shares, 10,000 shares authorized, 6,000 shares issued Common shares, 750,000 shares authorized, 600,000 shares issued Contributed surplus Total contributed capital Retained earnings Total shareholders' equity $300,000 1,200,000 10,000 1,510,000 1,858,000 $3,368,000 Review the shareholders' equity section and answer the following questions. 4 5 26 27 28 29 30 6. Show the journal entry to record the company's repurchase at January 1, 2022, of 10,000 common shares at $5.00 per share. 31 32 Date Account title Debit Credit 33 35 36 37 38 40
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