Check my w Required information [The following information applies to the questions displayed below) On January 1, 2021, Red Flash Photography had the following balances Cash, $29,000; Supplies, $9,700; Land, $77,000; Deferred Revenue, $6,700; Common Stock $67000; and Retained Earnings, $42,000. During 2021, the company had the following transactions: 1. February 15 Issue additional shares of common stock, $37,000. 2. May 20 Provide services to customers for cash, 552,000, and on account, $47.000. 3. August 31 Pay salaries to employees for work in 2021, $40,000. 4. October 1 Purchase rental space for one year, $29,000. 5. November 17 Purchase supplies on account, $39,000. 6. December 30 Pay dividends, 53,700. The following information is available on December 31, 2021 1. Employees are owed an additional $5,700 in salaries. 2. Three months of the rental space has expired. 3. Supplies of $6,700 remain on hand, 4. All of the services associated with the beginning deferred revenue have been performed. Required: 1. Record the transactions that occurred during the year. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) Journal entry worksheet 2. 2 3 4 5 ok 6 Record the issuance of additional shares of common stock, $37,000. ht Note: Enter debits before credits. General Journal Debit Credit Date February 15 Record entry Clear entry View general Journal Journal entry worksheet 1 2 3 4 Record the adjusting entry for salaries on December 31. Note: Enter debits before credits General Journal Debit Credit Date December 31 Record entry Clear entry View general Journal