"Bright Future Corp." started operations on January 1, 20X1. Throughout the year, the company engaged in various transactions to expand its operations. Record the following transactions in the general journal.
Transactions:

1. Issued 30,000 shares of common stock at $170 per share, receiving cash.
2. Purchased inventory worth $125,000 on credit from "Future Supplies."
3. Sold goods for $210,000 in cash.
4. Paid $140,000 to "Future Supplies" for the inventory purchased.
5. Acquired machinery worth $220,000 in cash.
6. Paid salaries totaling $130,000.
7. Sold goods worth $170,000 on credit to "Tomorrow Retailers."
8. Received $160,000 from "Tomorrow Retailers" for the sale made on credit.
9. Paid rent amounting to $65,000.
10. Received a utility bill for $29,000.
11. Purchased office supplies for $12,000 in cash.
12. Declared and paid dividends amounting to $55,000.

Requirement:
Journalize all these transactions into a general journal.