Andrusaitis Corporation began operations in January of the current year. The charter authorized the following stock: Preferred stock: 10 percent, $14 par value, 41,800 shares authorized Common stock: $9 par value, 85,200 shares authorized During the current year, the following transactions occurred in the order given: a. Sold 2,600 shares of the preferred stock at $24 per share and 2,700 shares of common stock at $14 per share. Required: Provide the journal entrry required to record the transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Sold 2,600 shares of the preferred stock for $24 per share and 2,700 shares of common stock for $14 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal