Bonita Company had the following Shareholders' Equity accounts as of May 1, 2020: Share capital: Preferred shares, 80,000 issued and outstanding Class A common shares, 110,000 issued and outstanding Class B common shares, 330,000 issued and outstanding Retained earnings Total shareholders' equity $1,008,000 665,500 1,666,500 3,285,000 $6,625,000 On June 10, Bonita reacquired and cancelled 1,900 Class A common shares at a cost of $5

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Bonita Company had the following Shareholders' Equity accounts as of May 1, 2020: Share capital: Preferred shares, 80,000 issued and outstanding Class A common shares, 110,000 issued and outstanding Class B common shares, 330,000 issued and outstanding Retained earnings Total shareholders' equity $1,008,000 665,500 1,666,500 3,285,000 $6,625,000 On June 10, Bonita reacquired and cancelled 1,900 Class A common shares at a cost of $5.20 per share. On August 26, 2020, Bonita issued 3,800 Class A common shares for $9.45 each. On September 30, the company reacquired and cancelled another 1.900 Class A common shares at $9.45 per share. Prepare the journal entries required to record these transactions. (Round per share value to 4 decimal places, eg. 1.2512 and final answer to O decimal places, eg,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 for the amounts. Record journal entries in the order presented in the problem.)
to entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entre tre order presentere problem.) Date Debit Credit Account Titles and Explanation Common Shares June 10 11495 1615 Contributed Surplus 9880 Cash 35910 Aug. 26 V Cash 35910 Common Shares 22990 sept. 30 Common Shares 12920 Contributed Surplus Retained Earnings Cash