On January 1, 2018 Delta Corporation had 200,000 ordinary shares issued and outstanding, the share have par value $ 8 per share, during the year the following transactions occurred. Instruction: Prepare the journal entries for following transactions: April 1 issued 50,000 additional ordinary shares for $34 per share June 15 declared cash dividend $2 per share July 10 paid the cash dividend that declared on June 15 October 1 purchased 10,000 treasury shares for cash at $30 per share December 1 sold 6,000 treasury shares for cash $40 Per share