1. Prepare. the necessary journal entries for the followwing transactions. On September 1, Cole Company borrowed $300,000 from National Bank on a&month, % note. On December 31, Cole Company accrued interest (assume adjusting entries are only made the end the ya PAGE GENERAL JOURNAL CREDIT DEBIT POST REF DESCRIPTION DATE 3 A Sonicner On January 1, 2015, Dreamy Company issued 30.000 shares of $2 par value common stock for $150,000, On 1, 2015, the company purchased 6,0o0 shares of its common stock for $7 per share for the treasury. On June 2015, 1,500 of the treasury shares are sold for $10 per share. On September 1, 2015, 3,000 treasury shares are sold at $5 per share. 4. Instructions Journalize the stock transactions of Dreamy Company in 2015. PAGE GENERAL JOURNAL DESCRIPTION DATE POST FREF DEBIT CREDIT 20 40 50 90 10