Question: I need help journalizing these transactions. Grouper Corp's balance sheet at December 31, 2021, is presented below. GROUPER CORP Balance Sheet December 31, 2021 Cash

I need help journalizing these transactions. I need help journalizing these transactions. Grouper Corp's balance sheet at December

Grouper Corp's balance sheet at December 31, 2021, is presented below. GROUPER CORP Balance Sheet December 31, 2021 Cash $29,520 Accounts payable Common stock ($10 par) Accounts receivable 54,600 $30,720 96,000 152,880 Allowance for doubtful accounts (1,800) Retained earnings Supplies 5,280 Land 48,000 Buildings 170.400 Accumulated depreciation-buildings (26,400) $279,600 $279,600 During 2022, the following transactions occurred. 1. On January 1, Grouper issued 1,440 shares of $40 par, 7% preferred stock for $59.040. 2. On January 1, Grouper also issued 1,080 shares of the $10 par value common stock for $25,200. 3. Grouper performed services for $384,000 on account. 4. On April 1, 2022, Grouper collected fees of $43,200 in advance for services to be performed from April 1, 2022, to March 31, 2023. 5. Grouper collected $331,200 from customers on account. 6. Grouper bought $42.120 of supplies on account. 7. Grouper paid $38,640 on accounts payable. 8. Grouper reacquired 480 shares of its common stock on June 1 for $28 per share. 9. Paid other operating expenses of $225,840. 10. On December 31, 2022, Grouper declared the annual preferred stock dividend and a $1.20 per share dividend on the outstanding common stock, a payable on January 15, 2023. 11. An account receivable of $2,040 which originated in 2022 is written off as uncollectible

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