Brief Exercise 11-4 Skysong, Inc. issues 8,100 shares of $108 par value preferred stock for cash at $110 per share ournalize the issuance of the preferred stock. (Credit account titles are automatically indented when 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.) Account Titles and Explanation Debit Credit