Record the following transactions in general journal form for the AAA Corporatio

Record the following transactions in general journal form for the AAA Corporation.Common stock: 500000 shares authorized; 300000 shares issued and outstandingPreferred stock: 10000 shares authorized; all shares currently unissuedFeb. 1 Issued for cash 3000 shares of Preferred Stock at $100 per share par value.Feb. 6 Issued for cash 100000 shares of Common Stock at $5 per share par value.Feb. 15 Issued 10000 shares $5 par value Common Stock in exchange for cash $87000.Feb.18 Issued for cash 65000 shares of $5 par value Common Stock for $8 per share.Feb. 20 AAA declared a cash dividend to common stockholders $1.00 per share on the shares outstanding.Feb. 27 Paid the cash dividend to common stockholders