Dash Ltd. engaged in various transactions during the month of September: a. Bought $6.500 of office supplies on account. b. Borrowed $40,000 for the Big Bank at the beginning of the month and agreed to pay the loan back in one year, plus interest at 12% This is the market interest rate. c. Bought Inventory for resale with an invoice price of $185,000 on account d. The September hydro bill for $3,500 arrived but is not due until October e Declared a cash dividend of S1.40 per preferred share and $0.50 per common share, payable 16 October. There are 6,500 preferred shares and 18,000 common shares outstanding. . Returned goods with an invoice price of $41,600 to the supplier in (c) g. Pald the supplier in (c) 50% the net amount owing. h Accrued Interest on the bank loan at the end of the month Accrued monthly rent of $2,800 for September to be paid in October Required: 1. Journalize each of the above transactions. Use a general accounts payable account in journal entries except for loans, Interest, and dividends payable. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Do not round Intermediate calculations.) View transaction list View journal entry worksheet No Transaction General Journal Debit 1 Credit a Office supplies inventory Accounts payable 2 b Cash Note payable 3 Inventory Accounts payable 4 d Utilities expense Accounts payable 5 Cash Dividends, proferred (or retained earnings) Dividends common for retained earnings) Accounts payabile Inventory 4 d Utilities expense Accounts payable 5 Cash Dividends preferred for retained earnings) Dividends common (or retained comings) 6 Accounts payable Inventory 7 7 9 Accounts payable Cash B Interest expense Interest payable Rent expense Accounts payable 2. List the liability accounts and amounts that result from your entries In requirement 1. Liability Accounts Amount