pok int ences Common stock 10 par value 89 000 shares authorized issued and outstanding Paid in capital in excess of par value

Question

pok int ences Common stock 10 par value 89 000 shares authorized issued and outstanding Paid in capital in excess of par value common stock Retained earnings Total stockholders equity 1 Prepare journal entries to record the following transactions for Sherman Systems a Purchased 6 700 shares of its own common stock at 42 per share on October 11 b Sold 1 425 treasury shares on November 1 for 48 cash per share c Sold all remaining treasury shares on November 25 for 41 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 Required 1 Required 2 Prepare the stockholders equity section after the October 11 treasury stock purchase Revised Stockholders Equity Section of Balance Sheet After October 11 Total contributed capital 890 000 301 000 1 000 000 2 191 000 Check my work

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