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Required: 1. Record the transactions that occurred during the year. of no entry is required for a particular transoction/event, select "No Journal Entry Required "in the first account field.) Required information [The following information applies to the questions displayed beiow] On January 1, 2024, Red Flash Photography had the following balances: Cash, \$25,000; Supplies, \$9,300; Land, \$73,000: Deferred Revenue, $6,300; Common Stock $63.000; and Retained Earnings, $38,000. During 2024, the company had the following transactions: 1. Pebruary 15 Iasue additional sharen of conmon stock, $33,000. 2. May 20 Provide sorvices to customers for caah, $46,000, and on account, 543,000 , 3. Augat 31 Pay salaries to employees for work in 2024, $36,000. 4. Ootober 1 Purchase rental space for one year, 325,000 . 5. November 17 purchase supplies on account, 535,000 . 6. Decenber 30 pay dividends, 53,300 . The following information is available on December 31, 2024: 1. Employees are owed an additionai $5,300 in salaries. 2. Three months of the rental space have expired. 3. Supplies of $6,300 remain on hand. All other supplies hove been used. 4. All of the services assoclated with the beginning deferred revenue have been performed. equired; Record the transactions that occurred during the year. 0f no entry is required for a particular transaction/event, select "No Journal ntry Required in the first account field.)

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