Marigold Corp. had the following transactions. 1. 2. 3. Sold land (cost $8,000) for $10,000. Issued common stock at par for $21,700. Recorded depreciation on buildings for $15,800. Paid salaries of $7,400. Issued 1,000 shares of $1 par value common stock for equipment worth $8,700. Sold equipment (cost $13,600, accumulated depreciation $9,520) for $1,632. 4. 5. 6. (a) For each transaction above, prepare the journal entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1