1 Date The following transactions occurred during Year 2, the second year of business, for Kiddos Rock Child C Record each transaction in proper journal entry format below using debits and credits. Accounts Kiddos Rock Child Care GENERAL JOURNAL - Year 2 Debit Credit TJE #1 On January 2, Kiddos Rock purchased a computer, printer, server, and related accessories for $10,000 cash. Due to fast changing computer technologies, Kiddos Rock decided to use the double- declining method of depreciation over a five-year life with no expected residual value. TJE #2 On February 1, Kiddos Rock repaid the note payable from Year 1 plus interest. TJE #3 On February 1, Kiddos Rock purchased supplies at a cost of $45,000. Paid cash. TJE #4 On December 8, Grandpa Meyer prepaid $6,000 toward next year's child care costs for Jason, his grandson, a child who regularly attends Kiddos Rock's. TJE #5 On December 14, Kiddos Rock declares and distributes $20,000 of dividends to her investors. TJE #6 During Year 2, Kiddos Rock provided child care services on account totaling $180,000. TJE #7 During Year 2, collections from customer receivables totaled $182,000. TJE #8 During Year 2, paid employees $80,000