For each of the following transactions, prepare journal entries: $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

a$.$ Inventory costing $$3,100$ was purchased on account.

b$.$ A payment of $$3,000$ was made on accounts payable.

c$.$ Inventory costing $$1,700$ was sold on account for $$2,500.($Hint: Two journal entries are required.$)$

d$.$ Accounts receivable of $$1,900$ were collected.

e$.$ Supplies costing $$1,300$ were purchased on account.

f$.$ Supplies costing $$400$ were consumed during the period.

g$.$ New equipment costing $$7,200$ was purchased for cash.

h$.$ The company borrowed $$11,000$ from a bank. $($Use Bank Loan Payable$)$

i$.$ The company issued common shares for $$20,000.$

j$.$ Wages totalling $$5,900$ were earned by employees and paid to them.

k$.$

The company paid $$2,200$ on its bank loan, which included $$160$ of interest.

I.

The company paid $$2,600$ for the monthly rent on its leased premises.

m$.$

Land costing $$21,000$ was purchased. The company paid $$4,000$ in cash and the remainder was financed with a mortgage $($a long$-$term loan$).($Use Mortgage Payable$)$