Application Problem 2-6A The following transactions of Jaker Ltd. occurred in the month of January: Borrowed $12,300 from the bank. 3 Issued 2,200 common shares for $22,000. 5 Purchased inventory on account totalling $24,200. 9 Bought computer equipment costing $7,800 for $3,900 cash and the balance on account. 15 (a) Made sales totalling $24,500, of which $8,800 were on account. (b) The cost of the products sold from inventory was $13,700 19 Made payments on accounts owing to suppliers totalling $14,700. 25 Collected on accounts from customers totalling $7,600. 27 (a) Made sales totalling $10,300, all on account. (b) The cost of the products sold from inventory was $7,400. 28 Employees earned wages of $2,400 during the month, of which $2,200 was paid. 28 Incurred $800 of utilities expenses during the month. nalyze and record these transactions. (Enter amounts that decrease account balance using either a negative sign preceding the 45). Indicate whether it is Revenues, Expenses or Dividends declared in the last column. In case if there is no effect then s he order presented in the problem statement.) Assets Accounts Receivable Inventory Liabilities Wages Payable Accounts Payable Shareh Common Shares Loan Payable Date quipment Cash 12300 12300 lan 1 220 an. 3 v 22000 an: 5 24200 24200 A Cash Reonivable Inventory Equipment Payable Wage Payable Payable Jan. 1 12300 12300 Jan. 3 22000 22000 Jan. 5 24200 24200 Jan. 9 -3900 7800 3900 Jan. 15 (a) 15700 8800 24500 (b) -13700 -13700 an. 19 -14700 -14700 an. 25 7600 -7600 an. 27 (a) 10300 10300 -7400 7400 an. 28 -2200 200 -2400 an. 28 -800 800 LINK TO TEXT