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Blossom Corp had 2,500 preferred shares issued with a balance of $55,000 and 129,000 common shares issued with a balance of $645,000 at the

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Blossom Corp had 2,500 preferred shares issued with a balance of $55,000 and 129,000 common shares issued with a balance of $645,000 at the beginning of the year. The following share transactions occurred during the year: June 12 July 11 Oct. 1 Nov. 15 Issued 50,500 common shares for $6 per share. Issued 1,000 preferred shares for $25 per share. Issued 10,700 common shares for $7 per share. Issued 27,400 preferred shares for $29 per share. (a) 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 O for the amounts.) Date Account Titles Debit Credit

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