Question 1 [60 points] Below are individual unrelated transactions from various companies. Record each transaction in the General Journal directly below it. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). a) February 1: Travic Parts will pay the $1,750 advertising bill received today within 30 days. General Journal Page GJY Date Account/Explanation F Debit Credit + b) February 15: The Downtown Store provided $2,750 of consulting services for a customer who will pay within 30 days. General Journal Page GJ7 Date Account/Explanation F Debit Credit c) March 21: Furniture was rented by a customer for $800 cash. General Journal Date Account/Explanation F Debit Credit Page GJ7 Activate Wil Go to Settings + dithin 15 days d) March 22: A bill was received today for last week's $750 advertising campaign. It must be paid within 15 days. General Journal Page GJ7 Account/Explanation F Debit Credit Date + - e) May 15: $3,300 in dividends were declared and paid to the shareholders of the business. General Journal Page GJ7 Date Account/Explanation F Debit Credit f) May 27: XYZ Co. purchased new equipment by paying $2,500 cash. General Journal Page GJ7 Date Account/Explanation F Debit Credit +- g) June 6: The Party Place provided $2,500 of consulting services for a customer who will pay within 30 days. General Journal Page GJ7 Date Account/Explanation F Debit Credit + - h) August 12: The company you work for, Beamer Co., paid $900 towards the bill from an earlier transaction. General Journal Page GJ7 Date Account/Explanation F Debit Credit Activate Win Go to Settings to i) August 12: The Grayson Group returned to the supplier $6,750 of equipment discovered to be defective. It was originally purchased on account in an earlier transaction. General Journal Page GJ7 Date Account/Explanation F Debit Credit 1) August 19: Pace Design provided $3,000 of consulting services for a customer who will pay within 30 days. General Journal Page GJ7 Date Account/Explanation F Debit Credit + - k) October 21: John Jarell, a shareholder of Bricks, received share capital after investing furniture worth $4,000 and a building worth $29,000 into the business. General Journal Page GJ7 Date Account/Explanation Debit Credit D) October 23: The $500 bill for the advertising campaign that ran last week was received today. It will be paid within 30 days. General Journal Page GJ7 Date Account/Explanation F Debit Credit m) December 11: Echo Systems received $1,700 towards payment for the services provided in an earlier transaction. General Journal Page GJ7 Date Account/Explanation F Debit Credit + - Activate Wind Go to Settings to n) December 12: $4,100 of supplies purchased on credit in an earlier transaction were found to be defective. They were returned. General Journal Page GJ7 Date Account/Explanation F Debit Credit o) December 25: The bill for the $500 advertising campaign that ran last week was received today and paid. General Journal Page GJ7 Date Account/Explanation F Debit Credit Official Time: 20:00:07 SUBMIT AND MARK