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correct the wrong parts,

Return to Quest Dash Ltd. engaged in various transactions during the month of September a. Bought $5,200 of office supplies on account. b. Borrowed $30,000 for the Big Bank at the beginning of the month and agreed to pay the loan back in one year, plus interest at 10% This is the market interest rate. c. Bought inventory for resale with an invoice price of $143.000 on account d. The September hydro bill for $2,600 arrived but is not due until October e. Declared a cash dividend of $1.5 per preferred share and $0.50 per common share, payable 16 October. There are 4000 preferred shares and 10,000 common shares outstanding 1. Returned goods with an invoice price of $35,200 to the supplier in (0) g. Paid the supplier in (c) 50% the net amount owing h. Accrued interest on the bank loan at the end of the month. 1. Accrued monthly rent of $2,400 for September, to be paid in October Required: 1. Journalize each of the above transactions. Use a general accounts payable account in journal entries except for loans interest and dividends payable. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Do not round intermediate calculations.) No Transaction General Journal Credit Debit 5,200 1 Office supplies inventory Accounts payable 5,200 2 . b. 30,000 Cash Note payable 30,000 3 c. 143,000 Inventory Accounts payable 143,000 d 2,600 Utilities expense Accounts payable 2.600 11.000 5 Cash Dividends preferred for retained earnings) Dividends common cor retained earnings) 6.000 % 5.000 35 200 Return to d Utilities expense Accounts payable 2.600 2.600 5 11,000 Cash Dividends, preferred (or retained earnings) Dividends, common (or retained earnings) 6.000 5.000 9 6 35 200 Accounts payable Inventory 35 200 7 9 53.900 Accounts payable Cash 53.900 8 h 300 Interest expense Interest payable 300 3 2.400 9 Rent expense Accounts payable 2.400 2. List the liability accounts and amounts that result from your entries in requirement 1. Answer is complete but not entirely correct. Liability Accounts Accounts payable Note payable Dividends payable (Common and Preferred) Interest payable Amount $ 64 100 $ 30,000 S 11.000 300 X