Can you do those jounral entries to gernal journal.

Trans. Date Description Sell 50,000 shares of common stock for $50,000 to obtain the funds necessary to start your business Borrow $20,000 from the local bank and sign a note promising to repay the full amount of the debt in 5 years May 1 May 1 May 1 May 1 May 1 May 3 May 3 May 6 May 10 Sell 100 units of inventory on account. (Perpetual method 2 entries) Issue 1,500 shares of $2 par value preferred stock at $30/share Purchase equipment necessary for business operations for $15,000 Pay one year of rent in advance, $12,000 ($1,000 per month.) Purchase supplies on account, $800 Purchase 200 units of inventory with cash Provide 40 hours of services to customers for cash (calculate using your hourly service rate 10 May 12 of 2/10, n/30 Sell 50 units of inventory to a customer on account with a sales discount May 15 May 20 May 23 May 31 May 31 Purchase an additional 300 units of inventory on account The customer who purchased product on May 12th pays the amount due (within discount period) Receive cash in advance for 20 hours of services to be completed in the future Sell 200 units of inventory to a customer who signs a 6 month 12 13 14 romissory note at 10% interest for the balance due 15 Pay employee salaries, $1,000 16 May 31Pay cash dividends to shareholders, $600