Based from the 2018 Samsung Financial Statement,

(a) Assume that declaration and payment of cash dividends are separate journal entries. Record the journal entry for declaration of total dividends for the year. (No date required)

(b) Assume that on Jan 1, 2019, Samsung issues 10 million new ordinary shares to an investor in exchange for land, which appraisers stated the fair market value as KRW 9 billion. Record the journal entry in KRW millions.

Refer to: images.samsung.com/is/content/samsung/p5/global/ir/docs/2018_con_quarter04_all.pdf