Pharoah Company had the following Shareholders Equity accounts as of May 1, 2020:

Share capital:
Preferred shares, 50,000 issued and outstanding		$640,000
Class A common shares, 50,000 issued and outstanding		285,000
Class B common shares, 360,000 issued and outstanding		2,160,000
Retained earnings		3,305,000
Total shareholders equity		$6,390,000

On June 10, Pharoah reacquired and cancelled 1,900 Class A common shares at a cost of $4.95 per share. On August 26, 2020, Pharoah issued 3,800 Class A common shares for $8.90 each. On September 30, the company reacquired and cancelled another 1,900 Class A common shares at $8.90 per share. Q:

Prepare the journal entries required to record these transactions. (Round per share value to 4 decimal places, e.g. 1.2512 and final answer to 0 decimal places, e.g. 5,275.)

Date	Account Titles and Explanation	Debit	Credit
Sept. 30