American Laser, Inc., reported the following account balances on January 1. Accounts Receivable Accumulated Depreciation Additional Paid-in Capital Allowance for Doubtful Accounts Bonds Payable Buildings Cash Common Stock, 10,000 shares of $1 par Notes Payable (long-term) Retained Earnings Treasury Stock TOTALS Debit Credit $5,000 $ 30,000 126.000 2,000 0 283,000 19,000 10,000 19,000 120,000 0 $307,000 $307,000 The company entered into the following transactions during the year, Jan. 15 Issued 23,000 shares of $1 par common stock for $86,000 cash. Jan. 31 collected $3,000 from customers on account. Feb. 15 Reacquired 3,360 shares of $1 par common stock into treasury for $36,960 cash. Mar. 15 Reissued 2,360 shares of treasury stock for $27,960 cash. Aug. 15 Reissued 600 shares of treasury stock for $4,600 cash. Sept. 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of common stock. Oct. 1 Issued 100, 10-year, $1,010 bonds, at a quoted bond price of 101. Oct. 3 Wrote oft a $2,000 balance due from a customer who went bankrupt. Dec. 29 Recorded $266,000 of service revenue, all of which was collected in cash. Dec. 30 Paid $236,000 cash for this year's wages through December 31. Ignore payroll taxes and payroll deductions. Dec. 31 Calculated $10,000 of depreciation for the year to be recorded. (Ignore accrual adjustments for interest and income taxes.) Requirement General Journal General Ledger Trial Balance Balance Sheet Debt to Assets Ratio Prepare the journal entries to record each transaction. Review the accounts as shown in the General Ledger and Trial Balance tabs. (Do