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PLEASE answer in EXACT format provided does this help? or maybe its just no entry The following shareholders' equity accounts are reported by Branch Inc

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The following shareholders' equity accounts are reported by Branch Inc on January 1: Common shares (unlimited authorized, 150,000 issued) Preferred shares (54 cumulative, convertible 100,000 authorized, 5.000 issued) Contributed surplus-reacquisition of common shares Retained earnings $2.400.000 375,000 30.000 1.275,000 The following selected transactions occurred during the year: 11 2 14 Feb. Mar. June July Sept. Oct 25 16 27 Issued 50,000 common shares at $20 per share. Reacquired 20,000 common shares at $22 per share. Split the common shares 2 for 1 when the common shares were trading at $30 per share. Reacquired 500 preferred shares at $70 per share. Reacquired 50,000 common shares for $17 per share. Declared a 5% common stock dividend distributable on December 13 to shareholders of record on November 24. The fair value of the common shares on October 27 was $19 per share. Distributed the stock dividend declared on October 27. The fair value of the common shares on December 13 was $21 per share. Dec 13 Date Account Titles and Explanation Debit Credit Feb. 11 (issued common shares for cash) Mar. 2 (To record reacquisition of common shares) (To record reacquisition of preferred shares) Sept. 16 (To record reacquisition of preferred shares) Sept. 16 (To record reacquisition of common shares.) (To record declaration of stock dividend.) (To record distribution of stock dividend.) Show how each class of shares will be presented in the shareholders' equity section of the balance sheet at December 31 Branch Inc. Partial Balance Sheet Shareholders' equity List of Accounts (To record reacquisition of common shares) (To record reacquisition of preferred shares.) Sept. 16 (To record reacquisition of common shares)

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