Question: Create Journal Entries. DO NOT JUST USE CHATGPT TO ANSWER MY QUESTION LIKE LAST TIME. I NEED THE EXACT NUMBERS IN THE JOURNAL ENTRIES AND

Create Journal Entries. DO NOT JUST USE CHATGPT TO ANSWER MY QUESTION LIKE LAST TIME. I NEED THE EXACT NUMBERS IN THE JOURNAL ENTRIES AND HAVE THEM BE DEBITED AND CREDITED. THANK YOU. Peyton Manufacturing Companys fourth quarter of 2023 completed the following transactions. Common shares authorized 50,000 and issued 4,000.
Oct. 1 Issued 3,500 shares of $10 par value common stock for $15 per share.
2 Paid $1,000 for October rent.
8 Paid $1,800 cash on 6-month insurance policy effective October 1.
15 Purchased $7,650 of merchandise, terms 2/10, n/45.
23 Sold $11,285 of merchandise, 2/20, n/30 to customers. The cost of the merchandise sold was $4,200.
24 Paid for the merchandise purchased on October 15th.
31 The bank printed checks for $155 and charged the corporations checking account.
Nov. 1 Purchased office supplies for $300, terms 1/10, n/30.
2 Paid $1,000 for November rent.
4 Granted $200 credit for merchandise returned from customers that were sold on October 23rd.The cost of the merchandise returned was $125.
5 Purchased a used truck for $15,000, paying $4,000 cash and the balance on a 36-month, 5% note.
9 Received payment from the sales transaction on October 23rd less return.
18 Sold a truck for $1,000 that was purchased in 2015 for $12,500. The truck was depreciated using the straight-line method over 4 years with salvage of $500.(Fully depreciated)
27 Paid the amount owed on the office supplies.
Dec. 1 Paid $1,000 for December rent.
6 Purchased 2,500 shares of treasury stock for $20 per share.
15 Declared a $0.75 per share cash dividend to stockholders of record on December 25th.
17 Purchased $4,380 of merchandise on account.
25 Date of record for December 15th dividend.
31 Paid the dividend declared.

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