$($a$)$

Journalize the transactions. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no

entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Round average per share to $2$ decimal places, e$.$g$.$

$52\mathrm{.}75$ and final answers to $0$ decimal places, e$.$g$.5,275.$ Record journal entries in the order presented in the problem. List all debit entries

before credit entries.$)$

Date

Account Titles

Debit

Credit

Cash

Common Shares

$300800$

Cash

Common Shares

Cash

Preferred Shares

July $18$

Cash

$1880000$

$94500$

Common Shares

Vov. $17$

Common Shares

$366600$

Retained Earnings

Common Shares

Contributed Surplus $-$ Reacquisition of Common SharesCurrent Attempt in Progress

Wildhorse Ltd$.$ had the following share transactions during its first year of operations:

Jan. $6$ Issued $188,000$ common shares for $$1\mathrm{.}60$ per share.

Jan. $12$ Issued $47,000$ common shares for $$1\mathrm{.}85$ per share.

Mar. $17$ Issued $900$ preferred shares for $$105$ per share.

July $18$ Issued $940,000$ common shares for $$2$ per share.

Nov. $17$ Reacquired $188,000$ common shares for $$1\mathrm{.}95$ per share.

Dec. $30$ Reacquired $141,000$ common shares for $$1\mathrm{.}80$ per share.