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Pharoah Corp had 2,700 preferred shares issued with a balance of $62,100 and 134,000 common shares issued with a balance of $536,000 at the beginning

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Pharoah Corp had 2,700 preferred shares issued with a balance of $62,100 and 134,000 common shares issued with a balance of $536,000 at the beginning of the year. The following share transactions occurred during the year: June 12 Issued 48,500 common shares for $5 per share. July 11 Issued 1,000 preferred shares for \$26 per share. Oct. 1 Issued 9,600 common shares for $6 per share. Nov. 15 Issued 22,600 preferred shares for $27 per share. (a) Record the above transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tittes and enter Ofor the amounts.)

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