Earth Star Diamonds inc. accounting problem

5 Earth Star Diamonds Inc began a potentially lucrative mining operation on October 1, 2020. It is authored to 100.000 shares of $0.60 cumulative preferred shares and 500.000 common shares. The company uses the cash dividends account to keep track of dividends declared Part A 5 Sants 38 Print Required: Prepare journal entries for each of the transactions listed Oct. 1 sted for cath, 1,000 shares of the preferred sharest.coach to Issued for cuth, $3,000 shares of the costock 5. pur share 15 farth star purchased and for $188,000, paying a $67,000 borrowing the balance from the bank (to be repaid in the years) 20 36,000 preferred shares were used today for total cash prices of $. 24 In addition to the declaration of the video preferred war dividends of $26.900 were declared on the common shares today payable boter is, 2000 31 Revenues of $20,000 were warned during the last wees, allah, totalling $310,000 were incurred in October. Close the commary and divided accounts. View transactionist 5 > Record the issue of preferred shares Record the issue of common shares Record the purchase of land in exchange for cash and a note Su 07 5 200. 11 New of $20,were warned during the hallwall Stalling $11, wer wred in the Close the View transaction 35 10 SO Record the issue of preferred shares Pane Record the issue of common shares Record the purchase of land in exchange for cash and a note Record the issue of preferred shares for cash Crec Record the dividends declared on common and preferred shares 3.000 Record the revenues came Record the expenses incurred Note: journal entry has been entered Recordar Clear entry View all Help Save A S Cat Assets 5 Carretas Property, pantand equipment 35 pont 10.40 Totus 1 Liabilities Current bites Por Non contains Totallites 0 Equity Contributed Capital 0 To contributed 0 Total 3 and equty