A4 (Journal entries) For each of the following transactions, propose a journal entry, and also state how the transaction affected the fundamental accounting equation. Assume each one occurred May 1, 2015. a. The company made a sale of $30,000 for cash. b. In connection with the sale in part a, the company delivered inventory with a cost of $25,000 to the customer. (You need to record the reduction of inventory, and the cost of goods sold.) c. The company bought a car for $25,000 in cash. d. The company bought inventory from a supplier, for $30,000, on account. The company has 30 days to pay. e. A customer who had bought inventory in the previous month pays his bill of $2,400.