Prepare the journal entries for the following transactions: (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Transaction Account Titles a) Debit a) Bought land for 15,000 shares with a $44 per share market value. b) Paid six months rent in advance for a total of $7,000. c) Paid insurance premiums for the year in the amount of $7,600. b) d) Bought a building for $260,000. Paid one-fifth in cash and the balance with a 10-year, 4% interest note payable. e) Purchased $30,000 of merchandise inventory on account. f) Paid utilities bill for $440. g) Sold $7,500 of merchandise inventory for $11,500 on account. h) Collected a $10,400 cash deposit from customers for custom orders. i) Paid salaries and wages of $8,600. j) Paid $7,500 on merchandise inventory previously purchased in part e). k) Received $7,100 from customers on account. 1) Declared and paid a $4,700 dividend. i) j) k) e) i) f) I 4 g) I h) Credit