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I need one to seven journal entries ASAP THANK YOU Mainland Resources Inc, began operations on June 5, 2023. 2823 June 5 Gave 4, common

I need one to seven journal entries ASAP
THANK YOU image text in transcribed
Mainland Resources Inc, began operations on June 5, 2023. 2823 June 5 Gave 4, common shares to the organizers of the corporation in exchange for accounting and legal services valued at $84,60. 15 Received $23 cash per share for the issuance of 76,000 common shares. 16 Issued 10,000 preferred shares for cash of $40 per share. 178,090 common shares were issued to a creditor who was owed $131,000. 18 The board of directors declared a cash dividend of $19,609 on the preferred shares and $5,10e on the common shares to shareholders of record on June 20, payable July 1. 30151,000 common shares were issued in exchange for machinery with a fair market value of $2,767,009, The shares were actively trading on this date at $17,00 per share. July 1 The dividends declared on June 18 were paid. Required: Journalize the above equity transactions that occurred during the first month of operations. Cash dividend account is used for declaring dividends

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