Journalize the following transactions by grouper printing company.

Exercise 248 Journalize the following transactions by Grouper Printing Company. (Credit account titles are automatically indented when the ame amounts.) 1. Stockholders invest $87,500 cash to start the business. 2. Purchased three digital copy machines for $420,000, paying $109,000 cash and signing a 5-year, 6% note for the remainder. 3. Purchased $4,800 paper supplies on credit. 4. Cash received for photocopy services amounted to $8,900. S. Pald $500 cash for radio advertising, 6. Paid $800 on account for paper supplies purchased in transaction 3. 7. Dividends of $2,100 were paid to stockholders. 8. Paid $2,000 cash for rent for the current month. 9. Received $3,500 cash advance from a customer for future copying. 10. Billed a customer for $350 for photocopy services completed. No. Account Titles and Explanation Debit Credit 2. 3. 5. 7. 8. 9. 10. Click if you would like to Show Work for this questions on Shew Work