Complete the Journal Entry for each Transaction Account Name Db Cr During the month, the board of directors declared a cash dividend of $2,400, payable next month Employees were paid $3,800 in wages for their work during the first three weeks of the month. 3 10 Employee wages of $1,200 for the last week of the month have not been recorded. 12 13 14 15 16 Merchandise that cost $1,800 was sold for $2,700. Ofthis amount, $2,000 was received in cash and the balance is expected to be received within 30 days 17 18 19 EN contractus oionadth local radio station for 8000 Sheet1 Sheet2 o Type here to search 23 A contract was signed with a local radio station for a $200 advertisement; the ad was aired during this month but will not be paid for until next month. 24 25 26 27 Store equipment was purchased at a cash price of $600. The original list price of the equipment was $800, but a discount was received 29 30 31 32 Received $360 of interest revenue for the current month 33 34 35 36 Accrued $620 of interest expense at the end of the month 37 38 Sheet1 Sheet2 Ready ZA Type here to search o Debit Credit ASSETS = LIABILITIES + STOCKHOLDERS EQUITY EQUITY - Stock Retained Earnings RE Revenue - Expense Chart of Accounts Cash Accounts Receivable Interest Receivable Supplies Mercandise Inventory Equipment Accounts Payable Wages Payable Interest Payable Notes Payable Stock Dividends Retained Earnings Sales Revenue Service Revenue Interest Income Cost of Goods Sold Advertising Expense Insurance Expense Rent Expense Supplies Expense Utiltities Expense Wages Expense