Blossom Corp had 2,500 preferred shared with a balance of $55,000 and 129,000 common shares sued with a balance of $645,000 at the beginning of the year. The following share transactions occurred during the year: June 12 Issued 50,500 common shares for $6 per share July 11 Issued 1,000 preferred shares for $25 per share Oct. 1 Nov 15 Issued 10,700 common shares for $7 per share Issued 27,400 preferred shares for $29 per share (a) Your answer correct Record the above transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. 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 for the amounts) Date Account Titles Debit Credit [b] Cash Common Share Cash Preferred Shance Cash Common Share Cash Preferred Shance Textbook and Media List of Accounts Your answer is Incorrect 202000 25000 74900 774600 200000 25000 74900 754500 Attempts: 1 of 15 used Calculate the number of shares and balance in the account for each of the preferred and common shares at the end of the year. Number of shares $ (1) Preferred shares (2) Common shares $ Balance in accounts