E12.9 (LO 2) Anya OAO recently hired a new accountant with extensive experience in accounting for partnerships. Because of the pressure of the new job, the accountant was unable to review his textbooks on the topic of corporation accounting. During the first month, the accountant made the following entries for the corporation's share capital. Prepare correct entries for share capital transactions May 2 arned e Cash li g130,000 Share Capital-Ordinary (Issued 10,000 10 par value ordinary shares at 13 per share) 130,000 odi no anoon o 580,000 Cosh 10 580,000 Share Capital-Ordinary (Issued 10,000 50 par value ailge sd2 A b preterence shares at 58 per share) E1219 ' dd6 18,000 Share Capital-Ordinary May 15 18,000 000 Cash 000 2 (Purchased 1,200 ordinary shares 2for the treasury at 15 per share) bo tig nin 8,000 Cash Ce31 5,000 Share Capital-Ordinary Gain on Sale of Shares (Sold 500 treasury shares at a do s 3,000 16 per share) ()snade ol Instructions On the basis of the explanation for each entry, prepare the entry that should have been made for the share capital transactions