Prepare journal entries to record the above transactions.

On January 1, 2020, Wildhorse Co. had 72,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions o Mar. 1 June 1 June 30 Dec. 1 Dec. 15 Issued 93,000 shares of common stock for $639,000. Declared a cash dividend of $2.00 per share to stockholders of record on June 15. Paid the $2.00 cash dividend. Purchased 9,000 shares of common stock for the treasury for $19 per share. Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31. Net income for 2020 amounted to $921,000. Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not in in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 1 Cash ,000 Common Stock 93,000 Paid-in Capital in Excess of Par Value-Common St 546,000 June 1 Cash Dividends 144,000 Dividends Payable 144,000 June 30 Dividends Payable 144,000 I Cash 144,000 Dec. 1 Treasury Stock JL 171,000 Cash 171,000 Team Date Account Titles and Explanation Debit Credit Mar. 1 Cash 639,000 Common Stock T 93,000 Paid-in Capital in Excess of Par Value-Common St 546,000 June 1 Dividends 144 Dividends Payable 144,000 June 30 movidends Payable June 30 A Dividends Payable 144,000 Cash Cash 144,000 A Dec. 1 Curv Stock Treasury Stock T 171,000 T cash 171,000 7 Dec. 15 Tcash Dividends Cash Dividends 180,000 Dividends Payable T T 180,000