Earth Star Diamonds ine. began a potentially lucrative mining operation on October 1,2023 it is authorized to issue 100,000 shates of $0.60 cumulative preferred shares and 500,000 common shares. The company uses the cash dividends account to keep track of all dividends declared. Part A Required: Prepare joumal entries for each of the transactions listed. Oct. 1 issued fac cash, 1,000 shares of the preferred sheres ot 14, is each: belance frem the bank (te be repaid in twe yeaes). 2023 accoonts. Port B Required: Besed on the thansactions in Part A. prepare the balatice sheet as at Octoper 31. 2023. Property, plant and equipment