two journal entries:

issued 1900000 shares of common stock for 34 per share.

issued 29000 shares of common stock to accountants for 986000 of professional services.

During its first year of operations, Cole's Electronics Inc. completed the following transactions relating to shareholders' equity January 5: ssued 1,900,000 shares of common stock for $34 per share February 12: Issued 29,000 shares of common stock to accountants for $986,000 of professional services. The articles of incorporation authorize 5,000,000 shares of common stock with a par value of $1 per share and 1,000,000 preferred shares with a par value of $100 per share. Required: Record the above transactions in general journal form. (lf no entry is required for a transaction/event, select "No journal entry required" in the first account field.)