3) Journal Entries (20 points) Record the following transactions and events in the general journal below Date Jan 1 Feb 1 Feb 28 Mar 31 Apr 15 Jun 1 July 1 Dec 31 Dec 31 Dec 31 Event/Transaction Hermanos Company was started when it issued common stock for $2.000 cash The company recognized $1,500 of consulting revenue on account. The company collected $1,200 cash from accounts receivable. Paid $700 cash for utilities. Paid dividends of $100 to stockholders Paid $1,200 cash for an insurance policy with a one year term Collected $12,000 cash in advance for consulting services to be provided under a one-year contract Recognized accrued salaries expense of $900. Recognized insurance expense (policy from July 1) for expired insurance. Recognized income earned this period from the one-year consulting contract (collected in advance du Account Title Debit Credit Date