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Cullumber Ltd. had the following share transactions during its first year of operations: Issued 156,000 common shares for $1.50 per share. Issued 39,000 common

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Cullumber Ltd. had the following share transactions during its first year of operations: Issued 156,000 common shares for $1.50 per share. Issued 39,000 common shares for $1.75 per share Issued 800 preferred shares for $105 per share Jan 6 Jan 12 Mar 17 July 18 Nov 17 Reacquired 156.000 common shares for $1.95 per share Dec 30 Reacquired 117.000 common shares for $1.80 per share. Issued 780,000 common shares for $2 per share (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 O for the amounts. Round average per shore to 2 decimal places, ea 52.75 and final answers to O decimal places, eg 5,275. Record journal entries in the order presented in the problem) Credit

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