ABC Co$.$ is authorized to issue $1,000,000$ ordinary shares with a $$5$ par value and $100,000,6\%$ preference shares with a $$20$ par value. During $2011,$ its first year of operations, the company's adjusted trial balance shows the following selected items

$\backslash$table$[[$Account$,$Debit $($$$),$Credit $($$$)],[$Cash$,2,700,000,],[$Share capital$-$ordinary,,$2,000,000$