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Prepare journal entries to record the following transactions. Descriptions are not required but please label the date for each one. January 10 - Issued 1,000

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Prepare journal entries to record the following transactions. Descriptions are not required but please label the date for each one. January 10 - Issued 1,000 shares of $10 par common stock at $56 for cash Date Account DR CR January 22 - Issued 1 400 shares of $10 par common stock in exchange for equipment with a fair market price of $21,000 Date Account DR CR April 1 - Purchased 100 shares of treasury stock at $25. Date Account DR CR June 8 - Sold the 100 shares of treasury stock (purchased April 1) at $30. Date Account DR CR

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