On January 1, 2021, Red Flash Photography had the following balances: Cash, $19,000; Supplies, $8,700; Land, $67,000; Deferred Revenue, $5,700; Common Stock $57,000; and Retained Earnings, $32,000. During 2021, the company had the following transactions: 1. February 15 Issue additional shares of common stock, $27,000. 2. May 3. August 20 Provide services to customers for cash, $42,000, and on account, $37,000. 31 Pay salaries to employees for work in 2021, $30,000. 4. October 1 Purchase rental space for one year, $19,000. 5. November 17 Purchase supplies on account, $29,000. 6. December 30 Pay dividends, $2,700. The following information is available on December 31, 2021: 1. Employees are owed an additional $4,700 in salaries. 2. Three months of the rental space has expired. 3. Supplies of $5,700 remain on hand. 4. All of the services associated with the beginning deferred revenue have been performed. Requirement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a particular transaction/event, select in the first account field.) View transaction list Journal entry worksheet ent Journal entry worksheet nces Record the salaries paid to employees for work in 2021, $30,000. Note: Enter debits before credits. Date Aug 31 Account Title Debit Credit Record entry Clear entry View general journal Journal entry worksheet ces