Question 1 Journalize the following business transactions for Delta corporation, assuming the company has monthly accounting periods. The company issues ordinary shares in exchange for V90,000,000 cash 2 Purchased three photocopy machines for 200.000.000, paying 50.000.000 cash and signing a 5-year, 10% note for the remainder Purchased 5.000,000 supplies on credit Cash photocopy revenue amounted to V7.000.000 Paid 500.000 cash for radio advertising 6 Paid V800.000 on account for supplies purchased in transaction 3 7 The company paid dividends of 1,500,000 Paid 1.200.000 cash for rent for the current month 9 Received 2.000.000 cash advance from a customer for future copying Billed a customer for x450,000 for photocopy work done 10