Journalize the transactions. (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.)

DATES FOR BELOW:

DeLong Corporation was organized on January 1, 2015. It is authorized to issue 13,000 shares of 8%, $100 par value preferred stock, and 504,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 76,500 shares of common stock for cash at $6 per share. Mar. 1 Issued 4,700 shares of preferred stock for cash at $108 per share. Apr. 1 Issued 23,100 shares of common stock for land. The asking price of the land was $87,700. The fair value of the land was $82,000. May 1 Issued 80,900 shares of common stock for cash at $5.15 per share. Aug. 1 Issued 10,200 shares of common stock to attorneys in payment of their bill of $35,400 for services performed in helping the company organize. Sept. 1 Issued 11,700 shares of common stock for cash at $5 per share. Nov. 1 Issued 2,180 shares of preferred stock for cash at $112 per share