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PLEASE answer all parts The following iv a suemenary of tho tranactions for the year: a. Purchase new equiprnent, $25,000, an account. The company evtimates

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PLEASE answer all parts
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The following iv a suemenary of tho tranactions for the year: a. Purchase new equiprnent, $25,000, an account. The company evtimates the wafid life is 9 . years with no revidual value. b. Purchase inventary for $60,000 cash. c. Sell prodact on account, 565,000 . The cint of the product was $40,000. d. Pay annual maintenance on the cquipment, $4,000. e. Collect on ascounts receivable, 568,000 . f. Pay accounts payable. $25,000. 8. Punchase supplies for $3.000 cash. h. Purchase postape stamps with a credit card, payable in 2022,5100. Recyuired; 1. Record transactions (a) through (h)

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