May 1 the clinic issued 1,000 additional shares of capital stock to Doctor Jayson at $75 per share. May 4 The clinic purchased scoping equipment. The equipment cost $90,000, of which $30,000 was paid in cash; a note payable was issued for the balance. May 12 lssued a check for $2,400 in full payment of an account payable to Leah Laboratories. May 19 Purchased office supplies on account for $240. Payment is due in full by June 10. May 25 Collected a $15,000 account receivable from the Goosinger Medical insurance. May 31 Declared and poid a $50,000 cash dividend to stockholders. Record the following selected transactions in general journal form for the Jayson clinic. Include a brief explanation of the transaction as part of each journal entry. May 1 The clinic issued 1,000 additional thares of capital stock to Doctor Jovson at 575 per share. May 4 The clinic purchased scoping equipment. The equipment cest 590,000 , of which $30,000 was paid in cashy a note pavable was iswed for the balance. May 12 issued a check for 52,400 in full pavment of an account pavable to Leah Laboratories. May 19 Purchased office supplies on account for 5240 . Pavment is due in full by lune 10. May 25 Collected a $15,000 account teceivable from the Goosinger Medical insurance. May 31 Declared and paid a $50,000 cash dividend to stockholders