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On February 1 , 2 0 2 0 , Cheyenne Corporation issued 3 , 0 0 0 shares of its $ 5 par value common

On February 1,2020, Cheyenne Corporation issued 3,000 shares of its $5 par value common stock for land worth $30,900.
Prepare the February 1,2020, journal entry. (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.)
Date
Account Titles and Explanation
Debit
Credit
Feb. 1,2020
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