H = $1,000

Please provide the journal entries and explanations! Using the accounting equation would be helpful to explain things. Thank you for your help, I will definitely leave a like!

k. On July 9, the owners hired 4 employees, 2 each to handle the lunch shift and the dinner shift, respectively. One employee was solely responsible for delivering pizzas, while the other was responsible for taking orders for the company's eat-in clientele. Each employee was paid an hourly salary amounting to $400 per week (a week ran from Sunday to Saturday). The employees were paid the Monday following the week of work. Therefore, the week starting Sunday July 9 was paid on Monday July 17, the week of Sunday July 16 was paid on Monday July 24, and the week of July 23 was paid on Monday July 31. 1. On July 16, the amount owed for inventory (h) was paid. m. In addition to the July 6th inventory purchase (h), inventory totaling $4,500 was acquired during the month of July. As of month end 20% of this amount remained unpaid. k. On July 9, the owners hired 4 employees, 2 each to handle the lunch shift and the dinner shift, respectively. One employee was solely responsible for delivering pizzas, while the other was responsible for taking orders for the company's eat-in clientele. Each employee was paid an hourly salary amounting to $400 per week (a week ran from Sunday to Saturday). The employees were paid the Monday following the week of work. Therefore, the week starting Sunday July 9 was paid on Monday July 17, the week of Sunday July 16 was paid on Monday July 24, and the week of July 23 was paid on Monday July 31. 1. On July 16, the amount owed for inventory (h) was paid. m. In addition to the July 6th inventory purchase (h), inventory totaling $4,500 was acquired during the month of July. As of month end 20% of this amount remained unpaid