On April 1, Metlock, Inc. began operations. The following transactions were completed during the month. 1. Issued common stock for $25,000 cash. 2. Obtained a bank loan for $7,300 by issuing a note payable. 3. Paid $11,400 cash to buy equipment. 4. Paid $1,200 cash for April office rent 5. Paid $1,500 for supplies. 6. Purchased $620 of advertising in the Daily Herald, on account. 7. Performed services for $18700: cash of $2,080 was received from customers, and the balance of $16,620 was billed to customers on account. 8. Paid $420 dividend to stockholders. 9. Paid the utility bill for the month, $2,080. 10. Paid Daily Herald the amount due in transaction (6). 11 . Paid $40 of interest on the bank loan obtained in transaction (2). 12. Paid employees' salaries , $6,660. 13. Received $12480 cash from customers billed in transaction (7). 14. Paid income tax, $1,560 . Journalize the transactions. (I no entry is required, select "No Entry" for the account titles and entero for the amounts, credit account titles are automatically indented when amount is entered. Do not indent manually.)