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.		The company issued common shares for $151,000.
b.		The company borrowed $81,000 from a bank. (Use Bank Loan Payable)
c.		Inventory costing $48,100 was purchased on account.
d.		Rented a retail space and paid a damage deposit of $11,000.
e.		Received a bill for advertising costs of $3,600 related to the grand opening.
f.		Paid employees wages of $15,800.
g.		Inventory costing $35,800 was sold for $63,000, half for cash and half on account. (Hint: Two journal entries are required.)
h.		A payment of $44,100 was made on accounts payable.
i.		Accounts receivable totalling $22,700 were collected.
j.		New equipment costing $112,000 was purchased for cash.
k.		The company paid $19,100 on its bank loan, which included $12,200 of interest.
l.		The company paid $8,800 for the monthly rent on its retail location.
m.		The companys board declared and paid dividends of $11,900.
n.		Paid the advertising bill related to the grand opening (see transaction (e)).

No. Account Titles and Explanation Debit Credit a. b. C. d. e e. f. g (To record sales revenue) (To record the cost) h. i. j. k. 1. m. n