Ivanhoe Corp had $2,300$ preferred shares issued with a balance of $$52,900$ and $134,000$ comman shares issued with a balance of

$$670,000$ at the beginning of the vear. The following share transactions occurred during the vear:

June $12$ lasued $45,600$ common shares for $$6$ per share.

July $11$ ksued $900$ preferred shares for $$25$ per share.

Oct. $1$ bsued $10,800$ common shares for $$7$ per share.

Now. $15$ Lsued $26,200$ preferred shares for $$29$ per share.

$($a$)$

$$ Your answer is carrect.

Record the above transactions. $($List all debit entries before credit entries. Record journal entries in the order presented in the problem.

Credit account tities are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No

Entry" for the account tities and enter $0$ for the amounts.$)$

eTextbook and Media

List of Accounts

Attempts: $1$ of $3$ used

$($b$)$

$6$ Your answer is incorrect.

Calculate the number of shares and balance in the sccount for each of the preferred and common shares at the end of the year.

Number of shares

$[1)$ Preferred shares

$[2]$ Common shares

Balance in accounts

$

$