Chart of Accounts Joumat 16. Joumalize the entries to record Yoar 2 transactions, Refer to the information given and the Chart of Accounts provided for the exact warding of the answer chaices for iext en Chart of Accounts 166 Valuation Allowance for Available-for-Sale Investments 181 Land 191 Store Equipment 192 Accumulated Depreciation-Store Equipment 193 Office Equipment 194 Accumulated Depreciation-Office Equipment LIABILITIES 210 Accounts Payable 221 Notes Payable 231 Interest Payable 241 Salaries Payable 251 Sales Tax Payable 532 Delivery Expense 533 Repairs Expense 534 Selling Expenses 535 Rent Expense 536 Insurance Expense 537 Office Supplies Expense 538 Store Supplies Expense 561 Depreciation Expense-Store Equipment 562 Depreciation Expense-Office Equipment 590 Miscellaneous Expense 710 Interest Expense 731 Loss on Sale of Investments 741 Unrealized Loss on Trading Investments EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 321 Preferred Stock 322 Paid-in Capital in Excess of Par-Preferred Stock Record these transactions on page 10 Year 1 Apr. June Sept. Nov. 1. Purchased $83,400 of Welch Co. 7%,15-year bonds at their face amount plus accrued interest of $973. The bonds pay interest semiannually on March 1 and September 1 . 1. Purchased $62,400 of Bailey 6%,10-year bonds at their face amount plus accrued interest of $156. The bonds pay interest semiannually on May 1 and November 1. Dec. 31 Accrued $1,134 interest on the Welch Co. bonds. 31 Accrued $624 interest on the Bailey bonds. 1b. Journalize the ontries to record Year 2 transactions. Refer to the information given and the Chart of Accounts provided for the exact wording of the ansiver choices for text 241 Salaries Payable 251 Sales Tax Payable EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Treasury Stock 332 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 350 Unrealized Gain (Loss) on Available-for-Sale Investments 351 Cash Dividends 352 Stock Dividends 390 Income Summary CHART OF ACCOUNTS Soto Industries Inc. General Ledger ASSETS 110 Cash 111 Petty Cash 120 Accounts Receivable 121 Allowance for Doubtful Accounts 131 Notes Receivable 132 Interest Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 161 Investments-Welch Co. Bonds 162 Investments-Bailey Bonds 165 Valuation Allowance for Trading Investments REVENUE 410 Sales 611 Interest Revenue 612 Dividend Revenue 631 Gain on Sale of Investments 641 Unrealized Gain on Trading Investments EXPENSES 511 Cost of Merchandise Sold 512 Bad Debt Expense 515 Credit Card Expense 516 Csh Short and Over 520 Salaries Expense 531 Advertising Expense