both parts please

Required Information [The following information applies to the questions displayed below Incentive Corporation was authorized to Issue 12,000 shares of common stock, each with a $1 par value. During its first year, the following selected transactions were completed a Issued 5,600 shares of common stock for cash at $21 per share b. Issued 1,600 shares of common stock for cash at $24 per share 2. Prepare the journal entry required for each of these transactions. (It no entry ls required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet Record the issuance of 5,600 shares of common stock with a par value $1 for a price of $21 per share. Note: Enter debits before credits. Debit Credit General Journal Transaction