Cheyenne Corp. had the following transactions during the current period.

Mar. $2$ Issued $4,000$ shares of $$4$ par value common stock to attorneys in payment of a bill for $$21,200$ for services performed in helping the company to incorporate.

June $12$ Issued $56,400$ shares of $$4$ par value common stock for cash of $$305,500.$

July $11$ Issued $1,950$ shares of $$100$ par value preferred stock for cash at $$130$ per share.

Nov. $28$ Purchased $2,560$ shares of treasury stock for $$78,500.$

Journalize the transactions. $($Record journal entries in the order presented in the problem. 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.$)$

Date

Account Titles and Explanation

Debit

Credit