(b) Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous part Preferred Stock Common Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock eTextbook and Media List of Accounts Swifty Corporation was organized on January 1, 2022. It is authorized to issue 15,000 shares of 8% $100 par value preferred stock, and 456,000 shares of no par common stock with a stated value of $2 per shure. The following stock transactions were completed during the first year Jan 10 Mar 1 Apr. 1 May I Aug 1 Sept Nov 1 Issued 79,000 shares of common stock for cash at $4 per share sund 5.000 shares of preferred stock for cash at $110 per share Ivived 23.500 shares of common stock for land. The asking price of the land was $94,500. The fair value of the land was $87.500 sued 77,500 shares of common stock for cash at $5.25 per share usued 11000 shares of common stock to attorneys in payment of their bill of $45.000 for services performed in helping the company orgintin Issued 13,000 shares of common stock for cash at $5 per share sued 2.000 shares of preferred stock for cash at 1113 phar Swifty Corporation was organized on January 1, 2022. It is authorized to issue 15,000 shares of 8% $100 par value preferred stock, and 456.000 shares of no-par common stock with a stated value of $2pm The following stock transactions were completed during the first year. Jan 10 Mar 3 Apr. 1 May 1 Aug 1 Issued 79,000 shares of common stock for cash at $4 per share. Issued 5,000 shares of preferred stock for cash at $110 per share. Issued 23,500 shares of common stock for land. The asking price of the land was $94,500. The fair value of the land was $87.500. Issued 77,500 shares of common stock for cash at $5.25 per share Issued 11,000 shares of common stock to attorneys in payment of their bill of $45,000 for services performed in helping the company organize Issued 11.000 shares of common stock for cash at $5 per share. Sept 1 Nov 1 Issued 2,000 shares of preferred stock for cash at $113 per share. Journalize the transactions. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is e Account Titles and Explanation Date Jan 10 V Cash Debit 316000 Credit Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Mar.1 V Cash Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Apr 1 Land Common Stock Paid-in Capital in Excess of Stated Value-Common Stock May 1 Cash Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Aug 1 Organization Expense Common Stock Paid-in Capital in Excess of Stated Value Common Stock Sept 1 V Cash Common Stock Paid-in Capital in Excess of Stated Value Common Stock Nov 1 V Cash Preferred Stock Paid-in Capital in Excess of Pac-Preferred Stock eTextbook and Media 550000 87500 406875 45000 55000 226000 158000 158000 500000 50000 47000 40500 155000 251875 22000 23000 22000 33000 200000 26000