Intermediate Accounting 1

Record the following Journal Entries

g) Sold clothing inventory on account to Briarfield School for $3,500. The inventory cost $2,000. h) Subleased a portion of the building to a jewelry store. Received $1,000 in advance for the first two months' rent beginning on July 16. i) Paid Birdwell Wholesale Clothing $25,000 on account. j) Paid salaries to employees for the first half of the month, $5,000. k) Received $1,500 on account from Briarfield. 1) Paid shareholders a cash dividend of $1,000. m) Incurred utilities of $500.00 but not paid