please help ASAP its due in one hour!

Required information [The following information applies to the questions displayed below.] Whyville Corporation obtained its charter from the state in January that authorized 500,000 shares of common stock, $1 par value. During the first year, the company earned $61,000 and declared no dividends; the following selected transactions occurred in the order given: a. Issued 230,000 shares of the common stock at $26 cash per share. b. Reacquired 5,300 shares at \$27 cash per share to use as stock incentives for senior management. 2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 230,000 shares of common stock with a $1 par value for a price of $26 per share. Note: Enter debits before credits. Journal entry worksheet Record the purchase of 5,300 previously issued shares of common stock for a price of $27 per share. Note: Enter debits before credits