a. Sold 4,600 shares of $42 par value 8% preferred stock at par. b. Declared the annual dividend on the preferred stock. c. Purchased 500 shares of preferred stock for the treasury at $52 per share. d. Issued 3,000 shares of $1 par value common stock in exchange for land valued at $107,000. e. Sold 286 shares of the treasury stock purchased in transaction c for $58 per share. f. Split the common stock 2-for-1. epare the journal entries to record each of the above transactions. (If no entry is required for a transaction/event, select "No ornal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 > Record the sale of 4,600 shares of $42 par value 8% preferred stock at par. Note: Enter debits before credits. Transaction General Journal Debit Credit a