Prepare all journal entries required to record those transactions. Questions $7-9.$

shares Accumulated ineome Total Durirv curreM year he folbving affecfrUthe stckhoderS sectjm uTent balan 1m shares of Sl par vah.l non stock at $31 The d'sarged a 3% fee for the shares- The stock issue not captaiizd 2 IseHi5W000shares cfS10 parvahle The shares vere givdebt aaced are mt costs. IlPage iii.:ii.:: {iii{::: $450009, for ttE of company per shares on 9/' Oeciated a $450000 fast) second the year (The b declaration: should ibe separately me and the pseteeO