On April 1, Tamarisk, Inc. began operations. The following transactions were completed during the month. 1. Issued commonstock for $27,400cash. 2. Obtained a bank loan for $8,000 by issuinga note payable. 3. Paid \$12,500 cash to buy equipment. 4. Paid $1,400 cash for April office rent 5. Paid $1,650 for supplies. 6. Purchased $680 of advertising in the Daily Herald, on account. 7. Performed services for $20,500 : cash of $2,280 was received from customers, and the balance of $18,220 was billed to customers on account. 8. Paid $460 cash dividend to stockholders. 9. Paid the utility bill for the month, $2,280. 10. Paid Daily Herald the amount due in transaction (6). 11. Paid $50 of interest on the bank loan obtained in transaction (2). 12. Paid employees' salaries, $7,300. 13. Received $13,680 cash from customers billed in transaction (7). 14. Paid income tax, $1,710. Journalize the transactions. Of noentry is required, select "No Entry" for the account titles and enter O for the amounts, Credit occount tutles areoutomatically indented when amount is entered, Donot indent manually) Journalize the transactions. (f ino enty is required, select "No Entry" for the account titles ond enter Ofor the omounts. Credit account tities are automatically indented when omount ts entersed Danot indontmanuallul