3. Keaubie Co., Inc. issued 20,000 shares of its $3 par value preferred stock for $12 per share. Journalize. Date Accounts Date Ref. Accounts

4. On Apr. 1 Martin, Inc. declared $175,000 for cash dividends. Journalize the Apr. 1 declaration and the Apr. 30 payment. Debit Ref. Credit Debit Credit

3. Keaubie Co., Inc. issued 20,000 shares of its $3 par value preferred stock for $12 per share. Journalize. 4. On Apr. 1 Martin, Inc. declared $175,000 for cash dividends. Journalize the Apr. 1 declaration and the Apr. 30 payment