- Prepare the journal entries to record these transactions: A. At the beginning of the year Mohammed, Inc. issued a number of shares of 5 par value stock for 30 per share. (Provide an amount of the stock issued)? B. On December 1st, Mohammeds, Inc. declared a 5 per share cash dividend, for a number of common shares outstanding (Provide an amount of the common shares). The dividend will be paid on December 31 to stockholders of record on December 15?