Answer the following

use this format for the general journal

Problem Data Consider the following four transactions for Farragut, LLC as of 6/30/2112 Prepaid rent in the amount of $1.200 has expired Salaries and wages in the amount of $3,000 are accrued Dividends in the amount of $1,000 are declared but not paid . Unearned services revenue in the amount of $2,250 has been earned Required Prepare, in good form, the journal entry for each of the four transactions listed above. Use the General Journal format shown on page 75 of the textbook when preparing your journal entries without any lines, color or shading. Determine the net (ie, combined) effect of these four transactions on the following four items. Present your answer on four lines immediately below your four journal entries . Net income o Total assets Total owners' equity o Working capital Date Account Titles and Explanation Debit Credit 2019 Dec. 2 30.000 30.000 2 10.800 10.800 2 2.850 2,850 2 36,000 36,000 3 3 32,400 32,400 5 3.000 3,000 Cash (+A) Common stock (+SE) To record issuance of common stock for cash. Prepaid rent (UA) Cash (-A) To record advance payment of six months' rent. Office supplies (+A) Accounts payable (+) To record purchase of office supplies. Cash (+A) Notes payable (+L) To record borrowing of funds. Office equipment (UA) Cash (-A) To record purchase of office equipment. Cash (+A) Unearned revenue (+L) To record advance payment from a customer. Cash (+A) Fee revenue (+R, +SE) To record fee revenue earned. Cash (+A) Accounts receivable (+A) Fee revenue (+R, +SE) To record fee revenue earned Wage expense (+E.-SE) Cash (-A) To record payment of employee wages. Cash (+A) Accounts receivable (-A) To record receipt of payment on account. Dividends (+D.-SE) Cashe (-A) To record payment of cash dividends. 10 13,510 13.510 18 1,000 3,740 4,740 20 1.620 1,620 2.400 27 2,400 500 30 500