The following events apply to Paradise Vacationss first year of operations:

1. Acquired $24,000 cash from the issue of common stock on January 1, Year 1.

2. Purchased $1,000 of supplies on account.

3. Paid $4,680 cash in advance for a one-year lease on office space.

4. Earned $32,350 of revenue on account.

5. Incurred $13,100 of other operating expenses on account.

6. Collected $26,000 cash from accounts receivable.

7. Paid $9,200 cash on accounts payable.

8. Paid a $3,400 cash dividend to the stockholders.

Information for Adjusting Entries

9. There was $190 of supplies on hand at the end of the accounting period.

10. The lease on the office space covered a one-year period beginning November 1.

11. There was $4,000 of accrued salaries at the end of the period.

Required: Record these transactions in general journal form.

Complete this question by entering your answers in the tabs below.

Record these transactions in general journal form. (If no entry is required for a event, select "No journal entry required" in the first account field.)

"General Journal" Column Answer Options:

- No journal entry required

- Accounts payable

- Accounts receivable

- Cash

- Common stock

- Dividends

- Land

- Other operating expense

- Prepaid rent

- Rent expense

- Salaries expense

- Salaries payable

- Service revenue

- Supplies

- Supplies expense

- Unearned revenue

Journal entry worksheet Acquired $24,000 cash from the issue of common stock on January 1 , Year 1. Note: Enter debits before credits. Journal entry worksheet D Note: Enter debits before credits. Journal entry worksheet Paid $4,680 cash in advance for a one-year lease on office space. Note: Enter debits before credits. Journal entry worksheet A Note: Enter debits before credits. Journal entry worksheet A Incurred $13,100 of other operating expenses on account. Note: Enter debits before credits. Journal entry worksheet A B C D Collected $26,000 cash from accounts receivable. Note: Enter debits before credits. Journal entry worksheet A B C D E Note: Enter debits before credits. Journal entry worksheet Paid a $3,400 cash dividend to the stockholders. Note: Enter debits before credits. Journal entry worksheet There was $190 of supplies on hand at the end of the accounting period. Note: Enter debits before credits. Journal entry worksheet The lease on the office space covered a one-year period beginning November 1. Note: Enter debits before credits. Journal entry worksheet There was $4,000 of accrued salaries at the end of the period. Note: Enter debits before credits. \begin{tabular}{|l|l|l|l|l|} \hline & I & 9 & No Transaction Recorded & \\ \hline & & & & \\ \hline & J & 10 & No Transaction Recorded & \\ \hline & & 11 & No Transaction Recorded & \\ \hline & K & 11 & & \\ \hline \end{tabular}