During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to shareholders' equity. The articles of incorporation authorized the issue of $8$ million common shares, $\backslash (\backslash$$ $1\backslash )$ par per share, and $1$ million preferred shares, $\backslash (\backslash$$ $50\backslash )$ par per share.

February $12$ Sold $3$ million common shares, for $\backslash (\backslash$$ $10\backslash )$ per share.

February $13$ Issued $43,000$ common shares to attorneys in exchange for legal services.

February $13$ Sold $83,000$ of its common shares and $2,000$ preferred shares for a total of $\backslash (\backslash$$ $950,000\backslash ).$

November $15$ Issued $360,000$ of its common shares in exchange for equipment for which the cash price was known to be $\backslash (\backslash$$ $3,748,000\backslash ).$

Required:

Prepare the appropriate journal entries to record each transaction.

Note: If no entry is required for a particular transaction, select $"$No journal entry required" in the first account field. Enter your answers in whole dollars and not in millions.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline & No & Date & General Journal & Debit & Credit $\backslash \backslash$

$\backslash$hline o & $1$ & February $12$ & Cash & & $\backslash \backslash$

$\backslash$hline & & & Common stock & & $\backslash \backslash$

$\backslash$hline & & & Paid$-$in capital $-$ excess of par, common & & $\backslash \backslash$

$\backslash$hline & & & & & $\backslash \backslash$

$\backslash$hline $0$ & $2$ & February $13$ & Legal expenses & & $\backslash \backslash$

$\backslash$hline & & & Common stock & & $\backslash \backslash$

$\backslash$hline & & & Paid$-$in capital $-$ excess of par, common & & $\backslash \backslash$

$\backslash$hline & & & & & $\backslash \backslash$

$\backslash$hline $0$ & $3$ & February $13$ & Cash & & $\backslash \backslash$

$\backslash$hline & & & Common stock & & $\backslash \backslash$

$\backslash$hline & & & Paid$-$in capital $-$ excess of par, common & & $\backslash \backslash$

$\backslash$hline & & & Preferred stock & & $\backslash \backslash$

$\backslash$hline & & & Paid$-$in capital $-$ excess of par, preferred & & $\backslash \backslash$

$\backslash$hline & & & & & $\backslash \backslash$

$\backslash$hline $0$ & $4$ & November $15$ & Property, plant, and equipment & & $\backslash \backslash$

$\backslash$hline & & & Common stock & & $\backslash \backslash$

$\backslash$hline & & & Paid$-$in capital $-$ excess of par, common & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$