Part 1: Record the following transactions for Classic Canine Cuts for the month of December in the General Journal. Transaction Date Description Issued 100,000 shares of common stock for $100,000. A retail space is rented. Paid for one year of rent in advance 12/1 12/2 totaling $24,000. (rent is $2.000 per month) 12/4 Purchased equipment for the business totaling $36,000. 12/5 Purchased $1,500 of supplies on account. 12/7 Provided services to customers for cash totaling $5,000. 12/9 12/12 4 Purchased an ad in the local newspaper to run during December Customers purchased $1,000 of gift certificates for services to be Paid employee salaries for the first half of December totaling for $400. provided in the future (pre-paid for future services) 12/15 $1,200 12/17 Paid $1,000 for the supplies that were purchased on December 5th. 12/20 Provided $2,500 of services to customers on account. 12/25 Paid a cash dividend of $800 to the shareholders. 12/30 Received $1,500 on account for services provided on 12/20. 10 12 he Coneral lournal to the Part 9: Prepare a Balance Sheet as of December 31, 2019. Part 9 Classic Canine Cuts Balance Sheet December 31. 2019 Assets Liabilities (ash Aans rvabe sorplies Accours payale Saldwes paydblc Total Current Liabilities Total Current Assets Property Plant and Equipment Total Liabilities elpaent Stockholders' Equity Cemmon stoc Total Property Plant and Equipment e tained eqipgs Total Stockholders' Equity Total Liabilities and Total Assets Stockholders' Equity