"Horizon Holdings" started its business on January 1, 20X1. Throughout the year, the company executed several transactions to grow its operations. Record the following transactions in the general journal and then post them to the general ledger.
Transactions:

1. Issued 4,000 shares of common stock at $45 per share, receiving cash.
2. Purchased inventory worth $30,000 on credit from "Skyline Suppliers."
3. Sold goods for $40,000 in cash.
4. Paid $18,000 to "Skyline Suppliers" for the inventory purchased.
5. Acquired a delivery truck worth $35,000 in cash.
6. Received a utility bill for $5,000.
7. Paid rent amounting to $6,000.
8. Sold goods worth $28,000 on credit to "Lakeside Retailers."
9. Received $20,000 from "Lakeside Retailers" for the sale made on credit.
10. Paid salaries totaling $11,000.

Requirement:
Journalize all these transactions into a general ledger.