Prepare the journal entry to record Autumn Company's issuance of $71,000$ shares of no$-$par value common stock assuming the shares:

a$.$ Sell for $$34$ cash per share.

b$.$ Are exchanged for land valued at $$2,414,000.$

Journal entry worksheet

$1$

$2$

Record the issuance of $71,000$ shares of no$-$par value common stock assuming the shares sell for $$34$ cash per share.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$a$.,,,],[,,,],[,.,,],[,,,],[.,,,],[x+1,,,]]$