In August, 2018, Canine Cuisine, Inc. was established in Lafayette, Louisiana, to sell gourmet dog ine via the internet to individual and commercial customers across the United States. Luke Ward Pachi Lee are the major stockholders in this corporation. t I The company completed the following transactions during August 2018. August 1 Stockholders (Luke and Pachi) invested $60,000 cash in the business. 3 Purchased a computer system for use in the business for $12,000: paid $5,000 8 Purchased $21,000 of gourmet dog cuisine from a local manufacturing company 10 down and signed a 1 year 12% note for the balance. 5 Hired Ima Nurd to design, set up, and operate the company's website. ?, paid 1/3 in cash and the balance on account Paid $6,000 for a one-year insurance policy effective August 1, 2018. r services to be provided from August 1 through October 31, 2018 Purchased supplies for $6,200 on account Paid $2,800 to advertise the opening of their business. 12 15 X18 Sold gourmet dog cuisine to customers on account for $26,000; the cuisine cost 23 25 $11,000 Paid $4,700 to creditors on account. Collected $12,600 from customers billed on August 18. 27 Sold gourmet dog cuisine to customers for $4,400 cash: the cuisine cost 29 30 $1,300 Paid $800 for utilities used during August. Declared and paid a $900 dividend. UIRED: Journalize the August transactions in the general journal