"Sunrise Horizons Ltd." began operations on January 1, 20X1. Throughout the year, the company engaged in several transactions to enhance its business. Record the following transactions in the general journal.
Transactions:

1. Issued 28,000 shares of common stock at $160 per share, receiving cash.
2. Purchased inventory worth $120,000 on credit from "Horizon Suppliers."
3. Sold goods for $200,000 in cash.
4. Paid $130,000 to "Horizon Suppliers" for the inventory purchased.
5. Acquired computer equipment worth $210,000 in cash.
6. Paid salaries totaling $120,000.
7. Sold goods worth $160,000 on credit to "Skyline Retailers."
8. Received $150,000 from "Skyline Retailers" for the sale made on credit.
9. Paid rent amounting to $60,000.
10. Received a utility bill for $27,000.
11. Purchased office supplies for $11,000 in cash.
12. Declared and paid dividends amounting to $50,000.

Requirement:
Journalize all these transactions into a general journal.