On September $15,2023,$ the Board of Directors of Cullumber Company declared a $$1\mathrm{.}15$ per share cash dividend, payable on October $31$ to shareholders of record as of October $1.$ On the date of declaration, Cullumber Company had $205,000$ common shares issued, of which $25,000$ were held in Treasury. On October $15,2023,$ the company issued an additional $50,000$ common shares for $$5\mathrm{.}80$ each.

Prepare all the required journal entries to record these transactions. $($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 $0$ for the amounts. Record journal entries in the order presented in the problem.$)$

Date Account Titles and Explanation

Debit

Credit