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On May 1, H55 Corporation incorporated and authorized 199,000 preferred shares and an unlimited number of common shares, On May 2, H55 issued 2,000 common

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On May 1, H55 Corporation incorporated and authorized 199,000 preferred shares and an unlimited number of common shares, On May 2, H55 issued 2,000 common shares for $15 per share. On June 15 , it issued an additional 900 common shares for $17 per share. On November 1, H55 issued 200 preferred shares for $32 per share. On December 15 , it issued an additional 200 preferred shares for $34 pershare. Record the share transactions. (List all debit entries before credit entries, Credit occount 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.) 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 Indicate how manyshares are authorized and how many are issued at the end of the year for the (1) preferred shares andi 2 ) common shares

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