Part A (10 marks) Prepare journal entries to record the following shares transactions of B&B Corporation. (Explanation is not required for the journal) (8 marks) Date July 1 July 15 Activities / Events Issued 50,000 ordinary shares of $10 par value at $15 per share for cash. Issued 100,000 ordinary shares of $10 par value for a Building valued at $1,800,000. Declared cash dividend of $1 per share for 550,000 shares outstanding. Dividend will be paid on November 8 to shareholders of record on October 20. Sep. 18