Paragraph Styles AaBbCcDdE Normal Problem 1) Required: Prepare Journal entries in good form. Required: Complete the provided spreadsheet Required: Prepare a trial balance in good form (1) Shareholders purchased $180,000 in stock. (2) Paid rent for the month, $2,200. (3) Purchased equipment for $60,000, giving a note payable for $60,000. (4) Purchased supplies on account, $10,000. (5) Billed clients for services rendered, $38,000. (6) Paid salaries for the month, $15,600. (7) Paid $8,000 on account for supplies purchased in transaction (4). (8) Collected $17,400 from clients previously billed. (9) Paid utilities for the month, $980. (10) Paid $11,600 cash dividends