The financial statements of Jeremiah Bulifrog Company report the following information at December 31, Year 1. Common stock- $20 par value, 100,000 shares authorized, 45,000 shares issued and outstanding Paid-in capital in excess of par value, conmon stock Retained earnings Total stockholders' equity During Year 2 , the following transactions affected its stockholders' equity accounts. January 2 Purchased 5,000 shares of its own stock at $15 cash per share. January 5 Directors declared a \$2 per share cash dividend payable on February 28 to the February 5 stockholders of record. February 28 Paid the dividend declared on January 5. July 6 sold 2,500 of its treasury shares at $19 cash per share. August 22 sold 2,500 of its treasury shares at $11 cash per share. September $ Directors declared a $2 per share cash dividend payable on october 28 to the september 25 stockholders of record. october 28 Paid the dividend declared on Septenber 5 . Prepare journal entries to record each of these transactions. Prepare journal entries to record each of these transactions. Journal entry worksheet Journal entry worksheet Record the purchase of 5,000 shares of its own common stock for $15 cash per share. Note: Enter debits before credits. Journal entry worksheet Record the declaration of a cash dividend of $2 per share. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet 7 Record the reissue of 2,500 shares of the treasury stock for $19 cash per share. Note: Enter debits before credits. Journal entry worksheet Record the reissue of 2,500 shares of the treasury stock for $11 cash per share. Note: Enter debits before credits. Journal entry worksheet Record the declaration of a cash dividend of $2 per share. Note: Enter debits before credits. Journal entry worksheet Record the payment of the cash dividend. Note: Enter debits before credits