Question: StarTech Innovations LLC started operations on January 1, 20X1. Record the following transactions in the general journal. Transactions: Issued 11,000 shares of common stock at

"StarTech Innovations LLC" started operations on January 1, 20X1. Record the following transactions in the general journal.
Transactions:

  1. Issued 11,000 shares of common stock at $110 per share, receiving cash.
  2. Purchased components worth $100,000 on credit from "Tech Supplies Co."
  3. Sold electronic devices for $190,000 in cash.
  4. Paid $85,000 to "Tech Supplies Co." for the components purchased.
  5. Acquired assembly line machinery worth $145,000 in cash.
  6. Paid wages totaling $80,000.
  7. Sold goods worth $160,000 on credit to "Gadget Retailers."
  8. Received $140,000 from "Gadget Retailers" for the sale made on credit.
  9. Paid rent amounting to $55,000.
  10. Received a utility bill for $28,000.

Requirement:
Journalize all these transactions into a general journal entry.

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