Sunland Company had the following transactions.

Issued $5,900$ shares of common stock with a stated value of $$10$ for $$135,500.$

Issued $2,000$ shares of $$100$ par preferred stock at $$107$ for cash.

Prepare the journal entries to record the above stock transactions. $($List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.$)$

No$.$ Account Titles and Explanation

Debit

Credit

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$