The accounts for Coswell Cogs, Inc. are listed below. Please prepare appropriate journal entries using the account titles given. Use good form. You do not need to provide an explanation or a date. Accounts payable Accounts receivable Accumulated depreciation Building Cash Cost of goods sold Contributed capital Merchandise inventory Income tax expense income tax payable notes payable prepaid insurance retained earnings sales revenue service revenue unearned revenue wages expense Service revenue of $3,000 was earned, $900 of which was collected in cash and the remainder on account. Description Debit Credit Paid $700 on amounts owed to vendors. Description Debit Credit Recorded income tax expense of $750 for the period. All of it will be paid next year. Description Debit Credit Borrowed $25,000 from a bank to be repaid in five years. Description Debit Credit Received $2,500 from a client for services to be performed next year. Description Debit Credit