General Journal Date Account Titles Debit Credit A. Cash $1,000,000 Common Stock $1,000,000 B. Cash $500,000 Notes Payable $500,000 C. Salaries Expense $380,000 Cash $380,000 D. Merchandise Inventory $640,000 Accounts Payable $640,000 E. Accounts Receivable $910,000 Sales $910,000 Cost of Goods Sold $580,000 Merchandise Inventory $580,000 F. Rent Expense $110,000 Cash $110,000 G. Equipment $150,000 Cash $50,000 Accounts Payable $100,000 H. Accounts Payable $720,000 Cash $720,000 I. Utilities Expense $36,000 Cash $36,000 J. Cash $825,000 Account Receivable $825,000 K. Interest Expense $60,000 Interest Payable $60,000 L. Rent Expense $10,000 Rent Payable $10,000