6) D ecember 20 ACME issued 50 shares of $10 par stock for $34 per share for Prepare the adjustment to record the issuance of stock below Date 7) ACME purchased supplies for $1.300 cash on December 21 Credit Date Account description Debit On December 21 ACME received $2,500 in cash as an advance payment for merchandise to be delivered next month. 8) Date Account d on On December 23 ACME paid in cash the December utility bill of $1,680 Debit 9) Credit Date Account description 10) On December 23, 2016 the board of directors declared a dividend of $8 per share on its 170 issued and outstanding shares to shareholders of record on January 16,2016 and payable on February 16, 2016. (Note that the company uses a dividends general ledger account to record its dividend payments during the year rather than recording the dividends directly to retained earnings. Be sure to use that account!) Debit Credit Date Account description 11) ACME has already accrued the employee salaries for the pay period ending December 23. On December 28, ACME pays the employees the previously accrued amount. Debit Credit Date