Must do balance sheet please

Earth. Star Dlamonds Inc, began a potentially lucrative mining operation on October 1.2020. It is athorized to is sue too, 200 sheres of $0,60 cumulative preferred shares and 500,000 common shares. The company uses the cast dividends accoumt to keep frack al al dividends declared. Part A Required: Prepare jounal entries for each of the transactions listed. Oct. 1 Issued for cash, 1, a0s shanes of the preferred shares at \$3. Aa each. 10 Issued for cash, 40,000 shares of the ccenon stock at $2.60 per thare. 15 Earth star purchased land for $176,000, paylig cash of 161 , e00 and horeoing the balance from the bank (to be repaid in two years). 20 10, 003 prefinced shares were issued today for cotal cash proceeds of $55,400. 29 In addition to the declaration of the annual dividend on the preferced shares. dividends of $26,780 were declared on the conmon whares today, payable Nonvenber 15, 2020. 31 Pevenues of $800,009 were earned during the aonth; a11 cash. Expensel. all eash. totaling $250,000 were incerred in October. Close the Incons Scanary and dividend: accounts. Required: Based on the transactions in Part A, prepare the balance sheet as at October 31,2020