Requirement 1. Record each transaction in the journal using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Land; Furniture; Accounts Payable; Utilities Payable; Unearned Revenue; Common Stock; Dividends; Service Revenue; Salaries Expense; Rent Expense; and Utilities Expense. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.)

X iMore Info Received $41,000 cash and issued common stock to Stewart Nov. 1 4 Purchased office supplies, $1,200, and furniture, $2,300, on account. Performed services for a law firm and received $2,100 cash Paid $27,000 cash to acquire land to be used in operations 6 7 10 Performed services for a hotel and received its promise to pay the $800 within one week. November 4 on account Paid for the furniture purchased 14 on Paid assistant's semimonthly salary, $1,470. Received cash on account, $500 15 17 20 Prepared a design for a school on account, $680. Received $1,900 cash for design services to be performed in December Received $3,100 cash for consulting with Plummer & Gordon 25 28 29 Paid $840 cash for a 12-month insurance policy starting on December 1 Paid assistant's semimonthly salary, $1,470. 30 30 Paid monthly rent expense, $650. Received a bill for utilities, $650. The bill will be paid next month Paid cash dividends of $2,800. 30 30 Print Done