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In its first year of operations, Skysong, Inc. had the following transactions pertaining to its $10 par value preferred stock. Feb. 1 July 1 Issued

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In its first year of operations, Skysong, Inc. had the following transactions pertaining to its $10 par value preferred stock. Feb. 1 July 1 Issued 8,600 shares for cash at $28 per share. Issued 6,400 shares for cash at $28 per share. Journalize the transactions. (Credit account tities are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit (Issued 8.600 shares at $28 per share) (Issued 6,400 shares at $28 per share)

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