The following post-closing trial balance was drawn from the accounts of Litle Grocery Supplier (LGS) as of December 31 . Year 1. Transactions for Year 2 1. LGS acquired an additional $9,800 cash from the issue of common stock. 2. LGS purchased $60.200 of imventory on account. 3. LGS sold inventory that cost $61,500 for $94,300. Sales were made on account. 4. The company wrote off $1,140 of uncollectible accounts. 5. On September 1. LGS loaned $8.000 to Eden Company The note had an 9 percent interest rate and a one-year term. 0. LGS paid $15,820 cash for operating expenses. 7. The company collected $86,540 cash from accounts receivable. 8. A cash payment of $47,240 was pald on accounts payable. Q. The company paid a $5.000 cosh dividend to the stockholders. 10. Accepted credit cards for sales amounting to $3,000. The cost of goods soid was $1,600. The credit card company charges a 3 percent service charge The cash has not been recelved. 11. Uncollect ble accounts are estimated to be 1.5 persent of sales on account. 12 Recorded the accrued interest at December 31 , Year 2 Exercise 7-15A (Algo) Part o Required 0. Record the given transactions in general journal form (if no entry is iequlred for a transaction/event, select "No joumal entry required In the first occount field, Round your onswers to nearest whole doliar.)