On February $1,$ Barton Corporation issued $5,000$ shares of its $$20$ par value preferred stock for $$28$ per share.

Journalize the transaction. $($Credit account titles 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 $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit

Feb. $1$