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Prepare the journal entry for each of the following independent transactions: Do not enter dollar signs or commas in the input boxes. For transactions that

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Prepare the journal entry for each of the following independent transactions: Do not enter dollar signs or commas in the input boxes. For transactions that have 2 debits or credits, enter the accounts in alphabetical order. a) A company issued 7,500 common shares and received $2 per share on January 1, 2020. Debit Credit Date Account Title and Explanation Jan 1 4 Issued common shares for cash b) A private company issued 10,100 common shares folland and a building on January 3, 2020. The land was valued at $56,000 and the building was valued at $110,000. Debit Credit Date Account Title and Explanation Jan 3

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