Prepare the journal entry for each of the following independent transactions: Do not enter dollar signs or commas in the input boxes. For transactions that have 2 debits or credits, enter the accounts in alphabetical order. a) A company issued 14,700 common shares for a total of $110,000 on September 1, 2023. Date Sep 1 Date Cash Sep 3 Account Title and Explanation Common Shares Issued common shares for cash b) A company declared dividends totalling $184,000 on September 3, 2023. Of that amount, preferred shareholders will receive $73,600 and common shareholders will receive the rest. The company uses the cash dividends account to record the declaration. Account Title and Explanation + Record declaration of dividends Debit >>> Credit Debit Credit

Prepare the journal entry for each of the following independent transactions: Do not enter dollar signs or commas in the input boxes. For transactions that have 2 debits or credits, enter the accounts in alphabetical order. a) A company issued 14,700 common shares for a total of $110,000 on September 1,2023. b) A company declared dividends totalling $184,000 on September 3, 2023. Of that amount, preferred shareholders will receive $73,600 and common shareholders will receive the rest. The company uses the cash dividends account to record the declaration