Oriole Corporation had the following transactions.

1.		Sold land (cost $12,700) for $15,900.
2.		Issued common shares for $21,200.
3.		Recorded depreciation on buildings for $18,000.
4.		Paid salaries of $9,500.
5.		Issued 1,000 common shares in exchange for equipment with market value of $8,500.
6.		Sold equipment (cost $10,600, accumulated depreciation $7,400) for $1,300.

(a) For each of the above transaction, prepare the journal entry. (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.)

No.	Account Titles and Explanation	Debit	Credit
1.	enter an account title to record sale of land	enter a debit amount	enter a credit amount
	enter an account title to record sale of land	enter a debit amount	enter a credit amount
	enter an account title to record sale of land	enter a debit amount	enter a credit amount
	(To record sale of land.)
2.	enter an account title to record the issuance of common shares for cash	enter a debit amount	enter a credit amount
	enter an account title to record the issuance of common shares for cash	enter a debit amount	enter a credit amount
	(Issued common shares for cash.)
3.	enter an account title to record depreciation expense	enter a debit amount	enter a credit amount
	enter an account title to record depreciation expense	enter a debit amount	enter a credit amount
	(To record depreciation expense.)
4.	enter an account title to pay salaries to employees	enter a debit amount	enter a credit amount
	enter an account title to pay salaries to employees	enter a debit amount	enter a credit amount
	(To pay salaries to employees.)
5.	enter an account title to record the purchase of equipment in exchange for shares	enter a debit amount	enter a credit amount
	enter an account title to record the purchase of equipment in exchange for shares	enter a debit amount	enter a credit amount
	(Purchased equipment in exchange for shares.)
6.	enter an account title to record disposal of equipment	enter a debit amount	enter a credit amount
	enter an account title to record disposal of equipment	enter a debit amount	enter a credit amount
	enter an account title to record disposal of equipment	enter a debit amount	enter a credit amount
	enter an account title to record disposal of equipment	enter a debit amount	enter a credit amount
	(To record disposal of equipment.)