Prepare journal entries for each transaction listed below.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

a$.$ Sales on account were $$740$ and related cost of goods sold was $$420.$

b$.$ Issued $6,000$ shares of $$1$ par value stock for $$85,000$ cash.

Journal entry worksheet

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Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[a-1.,,,],[,,,],[,,,],[,-,,],[,,,],[,,,]]$