During the first month of operations, the following transactions occurred for Style Plus Design Ltd.: Feb 1 Issued common shares in exchange for $20,000 cash and office equipment valued at $15,000. Feb 6 Purchased office supplies on account for $500. Feb 10 Purchased 6 months of advertising totalling $3,400 for cash. Feb 14 Paid $300 for this month's insurance. Feb 15 Completed $3,000 of design services for a client on account. Feb 18 Completed $3,500 of design services for a client, which was immediately collected. Feb 26 Paid for $250 of the supplies purchased on Feb 6th. Feb 27 Received $2,700 for design services to be completed in March. Feb 28 Declared $500 of dividends to shareholders payable on March 15th. Double Design Corporation uses the following accounts: Double Design Corporation uses the following accounts: Cash Accounts payable Service revenue Accounts receivable Deferred revenue Advertising expense Supplies Salaries Payable Insurance expense Prepaid advertising Bank loan payable Rent expense Prepaid insurance Common shares Supplies expense Prepaid rent Dividends declared Telephone expense Equipment Utilities expense Truck REQUIRED: Prepare the journal entries for the above transactions on the general journal form provided on the next page. Paragraph 11 Uv A lili ov QO + GENERAL JOURNAL ACCOUNT TITLES DEBIT CREDIT DATE