Where are the journal entry numbers coming from, please solve.

6? 7. Company fact: The Giant Donut Company (GDC) is authorized to: II issue 1,500,000 shares of $2 par value common stock and to V. issue 500,000 shares of 9%,S6par value preferred stock On April 1, 2005, the board of directors of GDC declared a 9% dividend on preferred shares and $0.30per share on outstanding common shares, payable on July 31, 2005. On April 1, 2005, GDC has 500,000 shares of common shares outstanding. GDC also has 45.000 shares of preferred shares outstanding. Prepare the journal entries (or use T-Accounts) for these transactions. b. an, R/E 243,000 RIG Diviat(50,000 Potabb-ps 243,000