Record journal entries:

1. Record the issuance of additional shares of common stock, $27,000

2. Record the entry for services provided to customers for cash, $42,000, and on account, $37,000.

3. Record the salaries paid to employees for work in 2021, $30,000.

4. Record the purchase of rental space for one year, $19,000.

5. Record the purchase of supplies on account, $29,000.

6. Record the payment of dividends, $2,700.

! Required information [The following information applies to the questions displayed below.] 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 20 Provide services to customers for cash, $ 42,000, and on account, $37,000. 3. August 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. Required: 1. Record the transactions that occurred during the year. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)