Current Attempt in Progress On March 8, Daschen Inc., a publicly traded company, issued 5,700 preferred shares for cash of $31 per share. On April 20, when the shares were trading at $35, the company issued an additional 3,600 preferred shares in exchange for land with a fair value of $130,500. (a) Prepare the journal entries for each transaction. (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 O for the amounts.) Debit Credit Date Account Titles and Explanation Prepare the journal entries for each transaction. (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 for the amounts.) Date Account Titles and Explanation Debit Credit e Textbook and Media