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Blossom Company had the following Shareholders' Equity accounts as of May 1, 2023: Share capital: Preferred shares, 90,000 issued and outstanding Class A common shares,

Blossom Company had the following Shareholders' Equity accounts as of May 1, 2023: Share capital: Preferred shares, 90,000 issued and outstanding Class A common shares, 50,000 issued and outstanding Class B common shares, 250,000 issued and outstanding Retained earnings Total shareholders' equity Date June 10 On June 10, Blossom reacquired and cancelled 1,400 Class A common shares at a cost of $4.80 per share. On August 26, 2023, Blossom issued 2,800 Class A common shares for $9.00 each. On September 30, the company reacquired and cancelled another 1,400 Class A common shares at $9.00 per share. Aug 26 V $1,102,500 Prepare the journal entries required to record these transactions. (Round per share value to 4 decimal places, e.g. 1.2512 and final answers to O decimal places, eg. 5,275. List all debit entries before credit entries. 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 O for the amounts. Record journal entries in the order presented in the problem.) Sep 30 285,000 Account Titles and Explanation 1,300,000 3,300,000 $5,987,500 W Debit Credit
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Blossom Company had the following Shareholders' Equity accounts as of May 1,2023: On June 10, Blossom reacquired and cancelled 1,400 Class A common shares at a cost of $480 per share On August 26, 2023, Blossom issued 2,800 Class A common shares for $9.00 each On September 30 , the company reacquired and cancelled another 1,400 Class A common shares at $9.00 per share. Prepare the journal entries required to record these transactions. (Round per share value to 4 decimal places, \&s. 1.2512 and final answers to 0 decimal places, es 5,275. List all debit entries before credit entries. 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 O for the amounts. Record journal entries in the order presented in the

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