The following transactions occurred during a recent year: a. Paid wages of $1,375 for the current period. b. Borrowed $6,500 cash from local bank. c. Purchased $2,750 of equipment on credit. d. Earned $550 of sales revenue, collected cash. e. Received $1,100 of utilities services, on credit. f. Earned \$2,150 of service revenue, on credit. g. Paid $450 cash on account to a supplier. h. Incurred $145 of delivery expenses, paid cash. i. Earned $700 of service revenue, collected half in cash, balance on credit. j. Collected $250 cash from customers on account. k. Incurred $600 of advertising costs, paid half in cash, balance on credit. The following transactions occurred during a recent year: a. Paid wages of $1,375 for the current period. b. Borrowed $6,500 cash from local bank. c. Purchased $2,750 of equipment on credit. d. Earned $550 of sales revenue, collected cash. e. Received $1,100 of utilities services, on credit. f. Earned \$2,150 of service revenue, on credit. g. Paid $450 cash on account to a supplier. h. Incurred $145 of delivery expenses, paid cash. i. Earned $700 of service revenue, collected half in cash, balance on credit. j. Collected $250 cash from customers on account. k. Incurred $600 of advertising costs, paid half in cash, balance on credit