prepare journal entries

1 Jahan Chocolatiers began operations on January 1, 2022. During its first year, the following transactions occurred: 1. The owner invested $250,000 cash. 2. Purchased $480,000 of trade inventory on account. 3. Sold inventory on account for $640,000. The original cost of the inventory that was sold was $3.80,000. (Hint two J/E 's onme for the salee and 2 nd for cost) 4. Collected $580,000 from customers on account. 5. Paid $430,000 to suppliers for the inventory previously purchased on account. 6. Bought a delivery vehicle for $46,000 cash. 7. Paid $26,000 for rent, including $2,000 related to the next year. 8. Incurred $20,000 of operating expenses, of which $18,000 was paid. (Hint J/E has 3 lines) 9. Recorded $2,000 of depreciation on the vehicle. 10. The owner withdrew $7000 Pequired a. Prepare journal entries to record each of the above transactions