1 Record the issuance of 6,000 shares of no-par common stock for $16 per share. per 2 Record the issuance of 700 shares of $10 par value preferred stock for $13 per share. 3 Record the declaration of a cash dividend of $1.25 per share to all stockholders of record (both common and preferred) on October 15. 4 Record the date of record entry. 5 Record payment of the cash dividend declared on October 1. Note: = journal entry has been entered Record entry Clear entry Credit View general journal