Swifty Inc. was organized on January $1,2023.$ It is authorized to issue an unlimited number of common shares and $91,000$ preferred shares with a $$7$ dividend. The following share transactions were completed during the rst year:

Jan. $10$ Mar. $1$ Apr. $1$

May $1$ Aug. $1$

Sept. $1$ Nov. $1$

Issued $219,000$ common shares for cash at $$23$ per share. Issued $17,100$ preferred shares for cash at $$118$ per share.

Issued $3,000$ common shares for land. The asking price for the land was $$67,000$; its fair value was $$64,900.$

Issued $21,300$ common shares for cash at $$17$ per share.

Issued $1,100$ common shares to lawyers in payment of their bill of $$19,800$ for services rendered in helping the company incorporate.

Issued $32,000$ common shares for cash at $$14$ per share. Issued $1,900$ preferred shares for cash at $$120$ per share.

Prepare the journal entries to record the above transactions. $($List all debit entries before credit entries. Credit account titles are automatically indented when the 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. Record entries in the order displayed in the problem statement.$)$