On January 1, 2020, Barnacle Bob began operations by selling 20,000 shares of $5 par value stock for $15 per share. What is the journal entry for this transaction? Account name Debit Credit Description: On June 30th Bob declared a $2.00 per share dividend to shareholders of record on July 15th, payable July 30th. Prepare the journal entry recorded on the date of declaration. Account name Debit Credit Description: What would be the journal entry recorded on the date of payment? Account name Debit Credit Description