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b) Please solve and show your work for both part a) & b) On May 1, Ceradyne Corporation incorporated and authorized 193,000 preferred shares and
b)
Please solve and show your work for both part a) & b)
On May 1, Ceradyne Corporation incorporated and authorized 193,000 preferred shares and an unlimited number of common shares. On May 2, Ceradyne issued 2,100 common shares for $16 per share. On June 15, it issued an additional 1,100 common shares for $17 per share. On November 1, Ceradyne issued 160 preferred shares for $29 per share. On December 15, it issued an additional 160 preferred shares for $33 per share. ? (a) Record the share transactions. (credit account titles are automatically indented when the amount is entered. required, select "No Entry" for the account titles and enter o for the amounts.) not indent manually ino enty S Date Account Titles and Explanation Debit CreditStep by Step Solution
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