View Policies Current Attempt in Progress During 2022, its first year of operations as a delivery service, Sunland Corp, entered into the following transactions. The fiscal year end for Sunland is December 31. Issued common shares to investors in exchange for $116,000 in cash. Borrowed $52,200 cash from the bank due 2024 Purchased delivery vehicles for $69,600 cash. Received $30.160 from customers for services provided Purchased supplies for $5,200 on account Paid rent of $6,280 Performed services on account for $11,600 Paid salaries of $32,480 Declared and paid a dividend of $12.760 to shareholders. Pald income taxes of $420 for the month. 1 2 3. 4 5 6. 7 8. 9 10. Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. It no entry is required, select "No Entry for the account titles and entero for the amounts. List all debit entries before credit entries.) SrNo Account Titles and Explanation Debit Credit 1 Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and entero for the amounts. List all debit entries before credit entries.) Debit Credit Sr No Account Titles and Explanation 1 2 I 3 4 5 6 7 4 5 6 7 8 9 10 List of Accounts