QS 13-9 Interpreting journal entries for share issuances LO Each of these entries was recently recorded by a different corporation. Provide an explanation for the transaction described by each entry. a. 10 Apr. Cash 60,000 Common Shares 60,000 b. Apr. 3 Organization Expenses 90,000 Common Shares 90,000 3 C. Apr. 5 Merchandise Inventory 90,000 Machinery. 130,000 Notes Payable. 144,000 Common Shares 76,000