I have posted the question and I need help with the T accounts for the 5 headings.

I'm sorry I forgot the journal entries....I have provided all information now.

Question 1 Kokomo corporation, a publicly traded company, was organized on January 1, 2018. It is authorized to issue an unlimited number of noncumulative preferred shares and an unlimited number of common shares. The following share transactions were completed during the company srst year of operations Jar. 10 issued 980,000 common shares for $2 per share Mar. 1 Issued 19,000 preferred shares for $50 per share. May issued 245,000 common shares for $ per share June e cured and retired 10,000 common shares at per share. Determine the average cost of each acquired share to the nearest cant before recording this July 24 Issued 32.800 common shares for $125,000 cash and used eient. The equipmentionginal cost $2,000. It now ha n g amount of $10,000 value of $16,000. The common shares were trading for $4 per share on this cate Set 4 Issued 9,000 common shares for 55 per share Now Issue 4,100 prerred shares for $50 per share. 20 R oured and retired 13,000 common shares at $4 per share. Determine the average cost of each required share to the nearest before record Dec 14 Declared a $75,000 cash dividend to the preferred shareholders to shareholders of record on December 1, Dav on may 10 1 Reported at com 51.260,000 for the year (b) Open T accounts and post to the shareholders' equity accounts. (Rec Preferred Shares Common Shares Contributed Surplus Contributed Surplus Dividends Declared Retained Earnings Date Account Titles and Explanation Debit Credit Cash 1960000 Common Shares -9-SS 1960000 950000 Preferred Shares 950000 35000 Common Shares 735000 Common Shares 20000 Contributed Surplus July 24 Cash Equipment Common Shares Sept: 4 - IT cash Dividends Payable 75000 Closing entries: Date Account Titles and Explanation Debit Credit Dec 31 Retained Earnings 75000 Dividends Declared 75000 (To close cash dividends) Dec. 31 Income Summary 1260000 Retained Earnings (To close profit) 1260000 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT