2. On October 1, 2021, Ibrahim, Inc. issued 100,000 shares of SAR 5 par value stock for SAR 10 per share. (2.0 marks) Required: pass journal entry for this transaction. Answer: 3. On January 31, a SAR 2 per share cash dividend is declared on Ibrahim, Inc.'s 10,000 common shares outstanding. The dividend will be paid on March 30 to stockholders of record on February 25.(2.0 marks) Required: pass journal entry for this transaction