The following transactions occurred during 2020. Journalize the general journal entries in the general journal and the adjusting entries in the adjusting journal. The adjusting items are mixed in with the normal items in the list below. You can add rows to the journals if you need them. Separate transactions using the numbers next to the prompts.

6. Another building was purchased on 12/31/2020 for $43,000. A $20,000 mortgage was issued, and the remainder was paid in cash.

7. The equipment was sold during the year. The sales price was $500 and received in cash. Cost of Equipment Sold equals $1900.

8. Land was purchased during the year. The purchase price was $4,800. 40 shares of preferred stock were issued to pay for the land at a Par value of $100.

9. Interest of $1,500 was paid in cash in relation to the Bonds Payable. The discount was amortized $100.

10. $5,000 of cash dividends were issued during the year.