Mainiand Resources Inc, began operations on June 5, 2023. 2023 June 5 Gave 4,600 common shares to the organizers of the corporation in exchange for accounting and lagal services valued at $84,800. 15 Received $22 cash per share for the issuance of 78,080 cormon shares. 16 Issued 10,00e preferred shares for cash of $42 per share. 178,000 common shares were issued to a creditor who was oned $133,600. 18 The board of directors declared a cash dividend of $19,809 on the preferred sharas and 55,380 on the common shares to shareholders of record on June 20, payable July 1 . 30153,00e common shares were issued in exchange for machinery with a fair market value of 52 , 64a, aee. The shares were actively trading on this date at $16.60 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 declaring dividends. Journal entry worksheet Journal entry worksheet Record the issue of 4,000 common shares to promoters. Note: Enter debits before credits