Question: Please see my solution below . But september solution is wrong . Please need help with correction . Indigo Company had the following Shareholders' Equity



Please see my solution below . But september solution is wrong . Please need help with correction .



Indigo Company had the following Shareholders' Equity accounts as of May 1, 2020: Share capital: Preferred shares, 60,000 issued and outstanding $738,000 Class A common shares, 150,000 issued and outstanding 750,000 Class B common shares, 440,000 issued and outstanding 2,530,000 Retained earnings 3,285,000 Total shareholders' equity $7,303,000 On June 10, Indigo reacquired and cancelled 1,800 Class A common shares at a cost of $4.15 per share. On August 26, 2020, Indigo issued 3,600 Class A common shares for $8.55 each. On September 30, the company reacquired and cancelled another 1,800 Class A common shares at $8.55 per share. Prepare the journal entries required to record these transactions. (Round per share value to 4 decimal places, e.g. 1.2512 and final answer to O decimal places, e.g. 5,275. 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. Record journal entries in the order presented in the problem.)\fX CD assessment.education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=92036f64-5fd1-4afd-aace-0113893c7be0#/question/0 G X 1 A Apps M Gmail YouTube & G Maps *Applying for Visitor. Solution manual for. @ Homepage - PREP-. VitalSource Booksh... Sign Up - Course H.. - Chapter 15 Submission Question 1 of 1 3.8/5 Date Account Titles and Explanation Debit Credit June 10 Common Shares 9000 Cash 7470 Contributed Surplus 1530 Aug. 26 Cash 30780 Common Shares 30780 Sept. 30 Common Shares 9000 Contributed Surplus 6390 Cash 15390 Retained Earnings PDF Prep-TAX-ASN01-....pdf PDF Prep-TAX-ASN01-...pdf 43 Project 2 Answer.docx corpcredPAD.doc PDF week6.pdf Show all X Type here to search O Y45 W ADDXENG 7:34 AM 2020-09-23
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