Milano San Remo (MSR) had the following transactions for the 2021 year:

1. Paid sales tax payable from the prior year.

2. Issued 5,000 additional shares of its $5 par value common stock for $8 per share, and also issued 1,000 shares of $50 par value, 5% cumulative preferred stock for $52 per share.

3. Purchased $500 of supplies on account.

4. Purchased merchandise on account: 700 units at a cost of $300 each.

5. Wrote off $3,670 of uncollectible accounts receivable.

6. Sold 720 items of merchandise for $600 each plus sales tax of 5%. The sales were on account. Cost of goods sold was $300 for each item.

7. Paid the sales tax collected on $100,000 of merchandise sales.

8. Collected $198,000 of accounts receivable during the year.

9. Paid employee salaries of $96,000 for the year. Social Security rate is 6% and Medicare rate is 1.5%; total federal income tax withheld was $10,600. Net salaries were paid in cash.

10. Declared a dividend on the preferred stock and also a $1 per share dividend on the common stock.

11. Paid $850 in warranty repairs during the year.

12. Paid the dividends that had been previously declared.

13. Paid $18,500 in advertising expenses during the year.

14. Paid $6,100 in utilities expense during the year.

15. Paid $150,000 on accounts payable.

16. Paid bond interest and amortized the discount. Discount amortization is $200 a year and the interest rate is 6%.

17. Paid on the notes payable it is an installment note with an annual payment of $14,238. Interest rate is 7% on the note.

Adjustments:

18. There was a total of $190 in supplies on hand at the end of the year.

19. Uncollectible accounts expense is recorded using the allowance method and estimating 1% of sales on account to be uncollectible.

20. Warranty expense is estimated to be 2% of sales.

Place the transactions in a general journal below:
No.	Account Title	Debit	Credit