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Date Account Titles Debit Credit How many more shares is the comparw authorized to issue for each class of shares? The compary is authorized to issue an additional preferred shares and an number oi Determine the number of shares issued and the average per share amount for both common and preferred shares. (Round average per share to 2 decimal places, eg. 52.75) Question Part Score \\( -1 / 4 \\) How numy more shares bs the company authorized to lasue for eachclass of shares? The company is authorized to isele an aditilional preferred shaces ant an Bramble Corporation, a private corporation, was organized on February 1, 2023. It is authorized to issue 100,800, 56 noncumulative preferred shares, and an unlimited number of common shares. The following transactions were completed during the first year: Feb. 10 issued 80,640 common shares at \\( \\$ 4 \\) per share. Mar. 1 Issued 5,040 preferred shares at \\( \\$ 114 \\) per share. Apr: 1 Issued 22,680 common shares for land. The land's asking price was \\( \\$ 100,800 \\) and its appraised value was \\( \\$ 90,720 \\). June 20 Issued 78,624 common shares at \\( \\$ 4.50 \\) per share. July 7 Issued 10,080 common shares to lawyers to pay for their bill of \\( \\$ 45,360 \\) for services they performed in helping the colr Sept. 1 Issued 10,080 common shares at \\( \\$ 5 \\) per share. Now. 1 issued 1.008 preferred shares at \\( \\$ 120 \\) per share. Journalize the transactions, (Crefit account titles are automaticaliy indented when the amount is entered. Do not indent manually. If no entry is required, seiect \"No Entry' for the decount titles and enter ofor the amounts. Record journat entries in the order presented in the problem, List ail debit entries before credit entries)

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