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Current Attempt in Progress On May 1, Vermillion Corporation incorporated and authorized 203,000 preferred shares and an unlimited number of common shares. On May 2,
Current Attempt in Progress On May 1, Vermillion Corporation incorporated and authorized 203,000 preferred shares and an unlimited number of common shares. On May 2, Vermillion issued 1,800 common shares for $15 per share. On June 15, it issued an additional 900 common shares for $18 per share. On November 1, Vermillion issued 170 preferred shares for $29 per share. On December 15, it issued an additional 170 preferred shares for $34 per share. (a) Record the share transactions. (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 Ofor the amounts.) Date Account Titles and Explanation Debit Credit
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