Prestwich Company had the following transactions during 2004. Record the 13-20 transactions in Journal Entry Format.

13. Purchased a new building, paying $20,000 cash and issuing a note for $50,000.

14. Purchased $15,000 of inventory on account.

15. Sold inventory costing $5,000 for $6,000 on account.

16. Paid for inventory purchased on account. (Item 30)

17. Issued capital stock for $25,000.

18. Collected $4,500 of accounts receivable.

19. Paid utility bills totaling $360.

20. Sold old building for $27,000, receiving $10,000 cash and a $17,000 note (no gain or loss on the sale).