"Sunset Apparel Ltd." started operations on January 1, 20X1. Record the following transactions in the general journal.
Transactions:

1. Issued 4,000 shares of common stock at $80 per share, receiving cash.
2. Purchased fabric worth $55,000 on credit from "Textile Traders."
3. Sold clothing for $130,000 in cash.
4. Paid $35,000 to "Textile Traders" for the fabric purchased.
5. Acquired sewing machines worth $75,000 in cash.
6. Paid wages totaling $40,000.
7. Sold goods worth $100,000 on credit to "Fashion Retailers."
8. Received $85,000 from "Fashion Retailers" for the sale made on credit.
9. Paid rent amounting to $22,000.
10. Received a utility bill for $10,000.

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