The following post-closing trial balance was drawn from the accounts of Little Grocery Supplier (LGS) as of December 31 , Year 1. Transactions for Year 2 1. LGS acquired an additional $9,000 cash from the issue of common stock. 2. LGS purchased $59,300 of inventory on account. 3. LGS sold inventory that cost $60,700 for $95,500. Sales were made on account. 4. The company wrote off $1,450 of uncollectible accounts. 5. On September 1, LGS loaned $8,500 to Eden Company The note had an 5 percent interest rate and a one-year term. 6. LGS paid $16,280 cash for operating expenses. 7. The company collected $86,930 cash from accounts recelvable. 8. A cash payment of $45,440 was paid on accounts payable. 9. The company paid a $4,300 cash dividend to the stockholders. 10. Accepted credit cards for sales amounting to $3,000. The cost of goods sold was $1,900. The credit card company charges a 3 percent service charge. The cash has not been received. 11. Uncollectible accounts are estimated to be 2 percent of sales on account. 12. Recorded the accrued interest at December 31 , Year 2. Required a. Record the given transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to nearest whole dollar.)