QUESTION 16 Recording Accounting Transactions Record general journal entries for each of the following transactions related to Wilson Manufacturing's operations during 2043. NOTE: Debit entries need to be listed first. Please do not indent credit entries, Dollar values need to be entered with no dollar sign and appropriate commas (eg. 5,000). If no dollar value is needed in a blank, put 'o' in the space provided. Example: Borrowed $5.000 from a bank. Account Title Debit Credit Cash 5.000 Notes Payable 5.000 o o 1 Sold $10,000 of common stock to investors. Account Title Debit Credit 2. Purchased $14.000 of inventory on account Account Title Debit Credit 3 Paid $3.000 to a supplier for the inventory purchased in transaction 2 Account Title Dobit Credit 4. Purchased a $200,000 building by paying $20,000 in cash and borrowing $180,000 from a bank Account Title Debit Credit 5. Paid $3,000 for utilities and $2,000 for property taxes. Account Title Debit Credit 6. Provided $18.000 of services to a customer on account. Account Title Debit Credit 7. Paid a $2,000 dividend to investors, Account Title Debit Credit 7. Paid a $2,000 dividend to investors. Account Title Debit Credit 8. Paid $6,000 for 12 months of insurance coverage. Account Title Debit Credit