Cedric Productions, reported the following account balances on January 1 . The compony entered into the following transactions during the yeor. January 15 Issued 8,000 stares of \$1 par common stock for $56,000 cash. Jantary 31 collected $3,000 from custoners on account. February is Reacquired 3,060 shares of $1 par comon stock into treasury for $33,660 cash. March 15 Relssued 2,060 shares of treasury stock for $24,660 cash. August is Reissued 600 shares of treasury stock for $4,600 cash. september is Declared (but did not yet pay) a $1 cash dividend on each outstanding share of comon stock. october 1 issued 100,10 -year, $1, 040 bonds. at a quoted bond price of 101. October 3 wrote off a $1,500 balance due from a custoser who went bankrupt. December 20 Recorded 5236,000 of service revenue. all of which was collected in cash. Deceaber 30 paid $206,000 cash for this year's wages through Decenber 31. (Ignore payroll takes and payroll deductions.) becember 31 calculated $10,000 of depreciation for the year to be recorded. (Ignore acerual adjustaents for interest and incose taxes.) Prepare the journal entries to record each transaction. Review the accounts as shown in the General Ledger and Trial Balance tabs. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account fleld.)