please help

Shakes \& Ice Cream, Inc. is authorized to issue an unlimited number of common shares and 10,000 preferred shares. During its first year, the business completed the following share issuance transactions. July 19 issued 22,000 common shares for cash of $7.50 per share. Oct 3 Issued 700$2.25 preferred shares for $70.000 cash 11 Received inventory valued at $17,000 and equipment with fair va ue of $9.500 for 3.800 common shares. Required 1. Journalize the transactions. Explanations are not required. 2. Prepare the shareholders' equity section of Shakes \& ice Cream's balance sheet. The ending balance of Retained Earnings is a deficit of $45,000 Requirement 1. Jounalize the transactions. Explanations are not required. (Record debits first, then credits. Explanations are notrequired.) Begin by journalizing the July 19 issue of common shares. 15sued22,000 common shares for cash of $7.50 per share. Next, journalize the October 3rd transaction. 1 ssued 700$2.25 preierred shares for $70,000 cash. 3.800 common shares Shakes \& ice Cream, inc. is authorized to issue an unlimited number of common shances and 10 ,opo preferred shares During its first year, the business completed the following share issuance transadions: July 19 issued 22,000 common shares for cash of $4.50 per shene oct 3 issued 700$2.25 preierred shares for $70,000 pash. Required 1. Joumalize the transactions. Explanations are not required. 2. Prepare the shareholders' equity section of Shakes \& lce Cream s balanoe sheet. The ending ballance of Retained Earnings is a deficit of $45,000 Finally journalzie the October 11th transaction Receved inventory valued at $17.000 and equipment with a far value of $9.500 for 3,800 common shares