Part (A) is done. I need help with part (B)

xercise 11-10 (Part Level Submission) Tran Corporation is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the frst year of operations, the company had the following events and transactions pertaining to its preferred stock. Feb. 1 Issued 20,000 shares for cash at $53 per share. July 1 Issued 12,000 shares for cash at $57 per share. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. I no entry is required, select "No Entry" for the account titles and enter o for the amounts) Date Account Titles and Explanation Debit Credit click if you would like to Show Work for this question: Open Show Works (b) Your answer is partially correct. Try again Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous part Preferred Stock Date Explanation Ref. Debit Credit Balance Feb. 1 1,000,000o 1,000,000 Feb. 1 60,000 1,060,000 Paid-in Capital in Excess of P Stock Date Explanation Ref. Debit Credit Balance July 1 600,000 600,000 July 1 84,000 684,000 Click if you would like to Show Work for this question: Qpen Show Work SHOW LIST OF ACCOUNTS LINK TO TEXTLINK TO TEXT VIDEO; SIMILAR EXERCISE Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER HW Wk8 Ch11 Questions/Exer