MUST USE THE ACCOUNTS FROM THE "LIST OF ACCOUNTS"

Exercise 15-6 Stellar Corporation is authorized to issue 54,000 shares of $5 par value common stock. During 2017, Stellar took part in the following selected transactions. L. Issued 5,200 shares of stock at S42 per share, less costs related to the issuance of the stock totaling 5.900 2. Issued 1,000 shares of stock for land appraised at $54,000. The stock was actively traded on national stock exchange at approximately 3. Purchased 460 shares of treasury stock at $43 per share. The treasury shares purchased were issued in 2013 at $40 per share. 43 per share on the date of issuance (a) Prepare the journal entry to record item 1 (b) Prepare the journal entry to record item 2. (c) Prepare the journal entry to record item 3 using the cost method. (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 O for the amounts.) No. Account Titles and Explanation Debit Credi