AutoParts Manufacturing is preparing its financial statements for the year ending December 31, 20X1. The company had the following transactions related to expenses: Paid $75,000 for rent for the entire year on January 1. Purchased supplies costing $40,000 on account on April 1. Paid $20,000 in wages to employees on July 1. Accrued $25,000 in interest expense on a loan on October 1.

Required:

1. Prepare the journal entries for each of the above transactions.