Skysong Corporation issued 1,700 shares of its $10 par value common stock for $68,400. Skysong also incurred $1,300 of costs associated with issuing the stock.

Prepare Skysong's journal entry to record the issuance of the company's stock. (Credit account titles are automatically indented when 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.)

Account Titles and Explanation Debit Credit