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Cheyenne Corp. was organized on January 1,2025 . It is authorized to issue 21,000 shares of 7%,$50 par value preferred stock and 454,000 shares of

image text in transcribedimage text in transcribedimage text in transcribed Cheyenne Corp. was organized on January 1,2025 . It is authorized to issue 21,000 shares of 7%,$50 par value preferred stock and 454,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 67,000 shares of common stock for cash at $5 per share. Mar. 1 Issued 15,000 shares of preferred stock for cash at $52 per share. May 1 Issued 112,000 shares of common stock for cash at $7 per share. Sept. 1 Issued 4,400 shares of common stock for cash at $6 per share. Nov. 1 Issued 2,400 shares of preferred stock for cash at $55 per share. 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 0 for the amounts. List all debit entries before credit entries.) Post to the stockholders' equity accounts. (Post entries in the order of journal entries posted in the previous part.) Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Common Stock Paid-in Capital in Excess of Stated Value-Common Stock eTextbook and Media List of Accounts Prepare the paid-in capital portion of the stockholders' equity section at December 31, 2025. (Enter account name only and do not provide descriptive information.) CHEYENNE CORP. Partial Balance Sheet $ eTextbook and Media List of Accounts

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