During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to shareholders equity. The articles of Incorporation authorized the issue of 9 million common shares, $1 par per share, and 3 million preferred shares, $50 par per share Feb. 12 Sold 2 million common shares, for $10 per share. 13 Issued 48,000.common shares to attorneys in exchange for legal services. 13 Sold 72,000 of its common shares and 5,000 preferred shares for a total of $1,000,000. Nov. 15 Issued 385,000 of its common shares in exchange for equipment for which the cash price was known to be $3,848,000 Required: Prepare the appropriate journal entries to record each transaction. (If no entry is required for a particular transaction, select "No Journal entry required" in the first account field. Enter your answers in whole dollars.) View transactions Journal entry worksheet 2 3 4 > Sold 2 million common shares, for $10 per share Note: Enter dehits before credits General Journal Dobil Credit Date February 12