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need help with part B Question Cheyenne Carp. is authored to in both preferred and common stack. The per value of the preferred isso. During

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Question Cheyenne Carp. is authored to in both preferred and common stack. The per value of the preferred isso. During the fast year of operations, the company had the following events and transactions pertaining to its pretermed stock Feb 1 Issued 61,200 shares for cash at $140 per share. July 1 Issued 164,700 wares for cam at 586 per there Your answer is correct. Joumaise the transaction (ecard journal entries in the order presented in the problem. Credit account wittes are automatically indented when amount is entered. Do not intent manually. I no entry is required, elect "No Entry for the account with and enter for the amount) Date Account Titles and nation Pub. Cash 56000 Preferred stock 300000 Peildin Capital in Excess of value-Preferred y cash 1416000 Preferred Stack 3235000 MOHIT 5999200 Paid in Capital in Excess of Par Value-Preferred St Click you would like to show Work for this questions on Show Work (b) x Your answer is incorrect. Try again. Post to the stockholders' equity accounts. (Use T-accounts.) (Post entries in the order of journal entries posted in the previous part.) Preferred Stock X 3060000 2/1 8235000 7/17 Bal. 11295000 Paid-in Capital in Excess of Par Value Preferred Stock 2/17 5508000 7/17 5929200 Bal. 11437200 Click if you would like to Show Work for this question: Open Show Work

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