The following is sample list of the Speiran Company's transactions completed during 2019.

The company's fiscal year ends on December 31.

Jan. 8 Purchased merchandise for resale on account. The invoice amount was $14,840; assume a perpetual inventory system.

17 Paid January 8 invoice. Apr. 1 Borrowed $60,000 from Lowell Bank for general use; signed a 12-month, 12% annual interest-bearing note for the money.

May 1 Rented office space in one of Speiran Company's buildings to another company and collected six months rent in advance amounting to $9,000. Required: 1. Prepare journal entries for each of these transactions.