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i need the values of constrinuted surplus and common shares Preferred shares, $3 non-cumulative, unlimited number authorized, 5,500 issued $1,402,500 Common shares, unlimited number authorized,
i need the values of constrinuted surplus and common shares
Preferred shares, $3 non-cumulative, unlimited number authorized, 5,500 issued $1,402,500 Common shares, unlimited number authorized, 235,000 issued 5,170,000 Retained earnings 2,865,000 Bridgeport had the following transactions during 2024: Feb. 28 Issued 1,500 Preferred shares at $130 per share. Apr. 3 Reacquired 14,000 Common Shares at $20 a share. Prepare the appropriate journal entries for the transactions during 2024. (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. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles Feb. 28 Cash Preferred Shares Apr. 3 Common Shares Contributed Surplus Cash Debit Credit 195000 195000 280000
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