lT-Mobile LTE 3. 1150 pent 4:00 PM 20% On January 1, 2018, Red Flash Photography had the following balances: Cash, $26,000; Supplies, $9,400; Land, $74,000; Deferred Revenue, $6,400; Common Stock $64,000; and Retained Earnings, $39,000. During 2018, the company had the following transactions: (Do not round intermediate calculations and round your final answers to the nearest whole dollar.) Februany 15 Issue additional shares of common stock, $34.000 2May20 Provide services to customers for cash, $49.000, and on account, $44,000 Pay salaries to employees for work in 2018, $37,000 Purchase rental space for one year, $26,000 Agt Otober S Nmber 1 Purchase supplies on account, $36,000 Decenber 3 Pay dividends, $3,400. The following information is available on December 31, 2018: 7. Employees are owed an additional $5,400 in salaries. 8. Three months of the rental space has expired. 9. Supplies of $6,400 remain on hand. 10. All of the services associated with the beginning deferred revenue have been Journal entry worksheet Prepare the desing entry for expenses References Book& Resources General Ledger Leaning Otcho0304