Please answer in proper format with all working clearly

Note Every entry should have narration please

Question 15 Arabian Gulf Corporation reports the following stockholders equity section on December 31, 2020. . Common stock: $10 par value; 500,000 shares authorized; 300,000 shares issued and outstanding .mmmmmmmmmmmm$ 3,000,000 - Paid in capital in excess of par value, common stock ...... - Retained earnings.... Total $4.300,000 The Corporation completed the following transactions in 2021, 1- Jan. 10, Directors declared a $1 per share cash dividend payable on March 15 to the Jan. 31 stockholders of record. 2- Mar, 01. Purchased 20,000 shares of its own common for $15 per share. 3. Mar. 31, Paid the cash dividend declared on Jan. 10. 4- May 01, Sold 12,000 of its treasury shares at $15 cash por share. 5. Sep. 30, Directors declared a 30% stock dividend when the share market price is $18 B- Nov. 01, Distributed stock dividends declared on Sep. 30. 7- Nov, 15. The company implemented 5-for-1 stock split for the common stock Required: Prepare journal entries to record each of these transactions for 2021, CLEARLY COLGATE THE VERITY& CREDIT Receipt : XY / Company pays $10,090 each to purchas land Am Turn 10 000 10 090