Karen Noonan opened Larkspur Cleaning Services Inc. on February 1, 2022. During February, the following transactions were completed: Feb. 1 Issued 6,100 shares of Larkspur Cleaning Services common stock for $15,860. Each share has a $1.50 par. 1 Borrowed $9,760 on a 2-year, 6% note payable. 1 Paid $11,000 to purchase used floor and window cleaning equipment from a company going out of business ($5,880 was for the floor equipment and $5,120 for the window equipment). 1 Paid $270 for February Internet and phone services. 3 Purchased cleaning supplies for $1,200 on account. 4 Hired 4 employees. Each will be paid $590 per 5-day work week (Monday-Friday). Employees will begin working Monday, February 9. 5 Obtained insurance coverage for $12,000 per year. Coverage runs from February 1, 2022, through January 31, 2023. Karen paid $3,000 cash for the first quarter of coverage. 5 Discussions with the insurance agent indicated that providing outside window cleaning services would cost too much to insure. Karen sold the window cleaning equipment for $4,820 cash. 16 Billed customers $4,760 for cleaning services performed through February 13, 2022. 17 Received $648 from a customer for 4 weeks of cleaning services to begin February 21, 2022. (By paying in advance, this customer received 10% off the normal weekly fee of $180.) 18 Paid $370 on amount owed on cleaning supplies. 20 Paid $3 per share to buy 370 shares of Larkspur Cleaning Services common stock from a shareholder who disagreed with management goals. The shares will be held as treasury shares. 23 Billed customers $5,250 for cleaning services performed through February 20. 24 Paid cash for employees' wages for 2 weeks (February 9-13 and 16-20). 25 Collected $3,050 cash from customers billed on February 16. 27 Paid $270 for Internet and phone services for March. 28 Declared and paid a cash dividend of $0.30 per share. Journalize the February transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record issuance of common stock in excess of par) (To record purchase of notes payable) (To record purchase of equipment) (To record payment of internet and phone services) (To record payment of insurance) A (To record sale of equipment)