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i need help with part (b) please show calculations for answer. ON BACK NEXT member of common and steeds The y had the on e

i need help with part (b)
please show calculations for answer. image text in transcribed
image text in transcribed
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ON BACK NEXT member of common and steeds The y had the on e Exercise 11-3 (Part Level Submission) Marshall Ltd. was incorporated as a private company on January 2, 2018, and is thered to transactions in its first month of operations Jan. 6 Issued 218,000 common shares for $1.40 per share. 12 Issued 48,000 common shares for $1.65 per share. 17 Issued 10,800 preferred shares for $23.00 per share 18 Issued 460.000 common shares for $2.00 per share. 24 Reacquired 205,000 common shares at $1.90 per share 31 Issued 9,200 common shares in exchange for $13,800 of legal services. Your answer is correct. Record the above transaction (Round average cost per share to 3 decimal places , C manually. If no entry is required, select "No Entry for the account titled water for the racowites we s tically indented where the w i nd. Do not inde Date Jan. 6 Account Titles and Explanation cash Common Shares Jan. 12 Cash Tian, 17 Cash Jan. 18 Cash 920000T Common Shares 920000 Jan. 24 Common Shares 368322T Retained Earnings 21178|| CHE T Cash 389500 Jan. 31. Professional Fees Expense 13800 Common Shares 13800 SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT (b) Your answer is partially correct. Try again. (b) Your answer is partially correct. Try again. What is the number and average cost of the preferred and common shares at the end of January? (Round answers to 3 decimal places, e.g. 1.246.) Numbers Average Cost Preferred shares 248400 Common shares 1318200

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