Delta Tea Company began operations on January 1, 2022. During the first year of business, the company had the following transactions (Click the icon to view the transactions) The chart of accounts used by Delta Tea Company is as follows (Click the icon to view the chart of accounts.) Requirement a. Journalize the transactions for the year Omit explanations. (Record debits first, then credits Exclude explanations from any journal entries.) January 18: The owners invested $120,000 (the par value of the stock) into the business and acquired 15,000 shares of common stock in return. Account January 18, 2022 January 18: The owners invested $120,000 (the par value of the stock) into the business and acquired 15,000 shares of common stock in return. February 1: Delta bought factory equipment in the amount of $48,000. The company took out a long-term note from the bank to finance the purchase. February 28: The company paid cash for rent to cover the 12-month period from March 1, 2022, through February 28, 2023, in the amount of $21,000. March 1: Delta purchased supplies in the amount of $23,000 on account. March 22: Delta recorded sales revenue in the amount of $40,000. Half of this amount was received in cash and half was paid on account. Ignore Cost of Goods Sold May 1: Delta received cash payments to pay off all the customer accounts. May 29: The company paid wages of $37,000 in cash. July 12: Delta recorded sales revenue in the amount of $160,000, all of which was paid in cash. Ignore Cost of Goods Sold. July 31: Delta paid $1,920 cash for interest on the note taken out on February 1. August 8: Delta paid off the balance owed to a supplier for the purchase made on March 1. September 1: Delta paid $7,500 cash for utilities. October 14: Delta paid wages of $29,000 in cash. July 31: Delta paid $1,920 cash for interest on the hote . February 1. August 8: Delta paid off the balance owed to a supplier for the purchase made on March 1. September 1: Delta paid $7,500 cash for utilities. October 14: Delta paid wages of $29,000 in cash. November 10: Delta recorded sales revenue in the amount of $203,000. One payment of $80,000 was received in cash; the remainder of this balance was sold on account. Ignore Cost of Goods Sold. December 31: Delta declared and paid a $20,000 dividend. Requirements a. b. C. Journalize the transactions for the year. Omit explanations. Post the journal entries to the general ledger. Prepare an unadjusted trial balance as of December 31. Print Done -