At December $31,2027,$ the ledger contained the following balances pertaining to stockholders' equity. Balance Sheet $($Partial$)$

December, $600$ shares of treasury stock were sold for $$15$ per share. No dividends were declared in $2027.$

$($a$)$

Prepare the journal entries for the: $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

$(1)$ Issuance of preferred stock for land.

$(2)$ Issuance of common stock for cash.

$(3)$ Purchase of common treasury stock for cash.

$(4)$ Sale of treasury stock for cash.

No$.$ Account Titles and Explanation

Credit