On February $1,$ Sheffield Corporation issued $4,900$ shares of its $$20$ par value preferred stock for $$26$ per share.

Journalize the transaction. $($List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.$)$

Date Account Titles and Explanation

Debit

Credit

Feb. $1$

$$

$$

$$

$$

$$

$$

List of Accounts

$$ Attempts: $0$ of $3$ used $$