Cornerstone Exercise 2-24 (Algorithmic) Journalize Transactions Four transactions that occurred during June are listed below. a. June 1: Issued common stock to several investors for $63,400. b. June 8: Purchased equipment for $12,200 cash. C. June 15: Made cash sales of $20,100 to customers. d. June 29: Paid a $6,500 dividend to stockholders. Required: Prepare journal entries for the transactions. June 1 (Record issuance of common stock) (Record purchase of equipment) 15 - (Record cash sale) 29 (Declared and paid cash dividends)