Make a journal entry of credits and debits for the list on the first photo

Problem 4-21 Record transactions and adjustments Lo 2,6,7 The following information applies to the questions displayed below] Use the horizontal model, or write the journal entry, for each of the following transactions and adjustments that a Issued 220,000 shares of $7-par-value common stock for $1.540,000 in cash. b Borrowed $510,000 from Oglesby National Bank and signed a 14% note due in two years. c. Incurred and paid $380,000 in salaries for the year. d. Purchased $710,000 of merchandise inventory on account during the year e. Sold inventory costing $620,000 for a total of $930,000, all on credit . Paid rent of $220,000 on the sales facilities during the first 11 months of the year g Purchased $160,000 h. Pald the entire $109,000 t. Incurred and paid utilities expense of $42,000 during the year i. Collected $865,000 in cash from cust k. At year-end, accrued $71,400 of interest on the note due to Oglesby National Bank L At year-end, accrued $20,000 of past-due December rent on the sales facilities of store equipment, paying $51,000 in cash and agreeing to pay the difference within 90 days owed for store equipment and $600,000 of the amount due to suppliers for credit purchases previou s during the year for credit sales previously recorded Problem 4-21 Record transactions and adjustments LO 2. 6,7 Break Type here to search 6 Journal entry worksheet K1 2 3 4 5 6 7 8 13 Issued 220,000 shares of $7-par-value common stock for $1,540,000 in cash. Note: Enter debits before credits. Transaction General Journal a. Clear entry View general journal