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On July 18, 2026, the following transactions occurred in the books of different companies: Tesla Inc. purchased $220,000 of inventory on credit from SpaceX Suppliers.

On July 18, 2026, the following transactions occurred in the books of different companies:

  1. Tesla Inc. purchased $220,000 of inventory on credit from SpaceX Suppliers.
  2. SpaceX Suppliers granted a $22,000 discount to Tesla Inc. for early payment of the invoice from Transaction 1.
  3. Coca-Cola Company paid $105,000 in cash for marketing services provided by PepsiCo Marketing.
  4. PepsiCo Marketing provided $42,000 worth of advertising services to McDonald's Corporation on credit.
  5. McDonald's Corporation returned $20,000 worth of unused marketing materials to PepsiCo Marketing.
  6. IBM Corporation sold equipment for $360,000 cash to Oracle Corporation.
  7. Oracle Corporation paid $72,000 for consulting services provided by SAP Consulting.
  8. SAP Consulting granted a $7,200 discount to Oracle Corporation for prompt payment of the consulting invoice.
  9. Netflix Inc. received a $180,000 loan from Disney Corporation.
  10. Disney Corporation charged $18,000 as interest on the loan provided to Netflix Inc.

Requirement: Journalize all these transactions into a general journal.

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