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1. Prepare journai entries to recora tne Toliowing transactions Tor Snerman Systems. a. Purchased 6,900 shares of Its own common stock at $44 per share on October 11. b. Sold 1,475 treasury shares on November 1 for $50 cash per share. c. Sold all remalning treasury shares on November 25 for S39 cash per share. 1Record the purchase of 6,900 shares of its own common stock for $44 cash per share. cash 2 Record the reissue of 1,475 shares of the treasury stock for $50 cash per share. 3 Record the reissue of the remaining shares of the treasury stock for $39 cash per share. Credit Note:journal entry has been entered Record entry Clear entry View general journal 2. Prepare the revised equity section of its balance sheet after the October 11 treasury stock purchase. Revised Equity Section of Balance Sheet After October 11 Total contributed capital Total Total stockholders' equity The following information is avalilable for Amos Company for the year ended December 31, 2017 a. Balance of retalned earnings, December 31, 2016, prior to discovery of error, $852000. b. Cash dividends declared and pald during 2017, $18,000. c. It neglected to record 2015 depreclation expense of $52,600, which Is net of $6,100 In tax benefits. d. The company earned $206,000 In 2017 net Income. Prepare a 2017 statement of retalned earnings for Amos Company. (Amounts to be deducted should be indiceted with a minus sign.) AMOS COMPANY Statement of Retained Earnings For Year Ended December 31, 2017 Prior period adjustment

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