Journalize the transactions. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no uestion Part Score

Determine the number of shares issued and the average per share amount for both common and preferred shares. $($Round average

per share to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$ How many more shares is the company authorized to issue for each class of shares?

The company is authorized to issue an additional

preferred shares and an

number of c

entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Record journal entries in the order presented in the

problem. List all debit entries before credit entries.$)$