Bridgeport Corporation has a December 31 year end. On January 1, 2024, the company had the following shareholders' equity accounts: Preferred shares, $3 non-cumulative, unlimited number authorized, 5,500 issued $1,402,500 Common shares, unlimited number authorized, 235,000 issued 5,170,000 Retained earnings Bridgeport had the following transactions during 2024: Feb. 28 Apr. 3 Date Prepare the appropriate journal entries for the transactions during 2024. (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 titles and enter O for the amounts. Recora journal entries in the order presented in the problem. List all debit entries before credit entries.) Feb. 28 Issued 1,500 Preferred shares at $130 per share. Reacquired 14,000 Common Shares at $20 a share. Apr. 3 Account Titles Cash 2,865,000 Preferred Shares Debit Credit

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Bridgeport Corporation has a December 31 year end. On January 1, 2024, the company had the following shareholders' equity accounts: Preferred shares, $3 non-cumulative, unlimited number authorized, 5,500 issued $1,402,500 Common shares, unlimited number authorized, 235,000 issued Retained earnings Bridgeport had the following transactions during 2024: Feb. 28 Issued 1,500 Preferred shares at $130 per share. Apr. 3 Reacquired 14,000 Common Shares at $20 a share 5,170,000 2,865,000 Prepare the appropriate journal entries for the transactions during 2024. (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 titles and enter O for the amounts. Recora journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles Feb. 28 Cash Apr. 3 v Preferred Shares Debit Credit Bridgeport Corporation has a December 31 year end. On January 1, 2024, the company had the following shareholders' equity accounts: Preferred shares, $3 non-cumulative, unlimited number authorized, 5,500 issued $1,402,500 Common shares, unlimited number authorized, 235,000 issued Retained earnings Bridgeport had the following transactions during 2024: Feb. 28 Issued 1,500 Preferred shares at $130 per share. Apr. 3 Reacquired 14,000 Common Shares at $20 a share 5,170,000 2,865,000 Prepare the appropriate journal entries for the transactions during 2024. (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 titles and enter O for the amounts. Recora journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles Feb. 28 Cash Apr. 3 v Preferred Shares Debit Credit