unsure what exactly I am being asked to do on this but i believe its debited amount in left column and credited in right column. could someone help with this? transactions are in picture

Cash A/R Inventory Prepaid Insurance Land Building Salaries Payable Utilities Payable Notes Payable Common Stock Additional Paid-in Sales Revenue COGS Salaries expense Utilities expense Cash dividend Total Yol c e 50.000 of you . You to c reato peto , but these two wart up the bus. Follow along wela lorto de T a 1:11 2015. Sal 150.000 are of PC' s stock (5 ) for $10 per share 120 Bow Swee t on this 16 year loan is 5% per Trai : 15 2018. Pay $15 for ( i ) and (0 ) Sep 20 year Traction 10 2015. Purchase your baby inn e for $2.100, affective from 1/1/2018 T . 2013. P a rehe 250.000 worth of way. Pay down -line deweciation schedule for building. The estimated result of the building is 0.1 million Traction 7 13 2018. T h e theme is $150,000 2018 Recei a for , og 1.550 2 Trio 2 018. Takoder frem for 124.000 opetfood 3 10 2018 Pyry 11. 21/2018 Sup e r for 524.000 opet food ordered in above Shipping fee is on customer 5 Traction 122/12/2015 Receive payment of 524.000 for she made in Til 6 Traction 1). 15/2015. Pwy seper t h was of $13.500 (threepers, 5150 per day, 30 days) Salewens warted the job 1/16/2018 7 T 1 2018 Reche an order from customer for $36.000. Come s to pay the most within 10 days Shipping fee is paid by some Tam 15.27 3011, Tolches during the most is $168.000 16 2018 Reche day Forway No1,900 0 17 13/2015 Dece s are dividend pay to w swobler. 3 015 Pwy w a ry was of 512,600 5150 per day 28 days) 2 Tractice 19.3:31/2018 T h e S134000. There is credited Much T Arc he for the r y water of 20 to be 10.000 The com p ared wys .) .000 You have just incorporated and invested $50.000 of your own money into the company. You are going to need much more capital to get into business, but these initial transactions will start up the business. For Transaction 1: 1/1/2018. Sell 150,000 shares of PC's common stock (51 par value) for $10 per share Transaction 2: 1/3/2018. Borrow $1 million loan from the bank. Interest on this 10-year loan is 5% per annum. Transaction 3: 1/5/2018. Pay $1.5 million for land (1 million) and building (0.5 million). Set up a 20-year straight-line depreciation schedule for building. The estimated residual value of the building is 0.1 millio Transaction 4. 1/6/2018. Purchase 1-year liability insurance for $2.100, effective from 1/1/2018 Transaction 5.1/7/2018. Purchase and receive $250,000 worth of inventory. Pay down. Transaction 6.1/12/2018. Pay the remaining $125,000 due in TS. Transaction 7. 1/31/2018. Total cash sales during the mouth is $150,000 Transaction 8.2/2/2018. Receive utility bill for Jay, totaling $1,850. Transaction 9.2/6/2018. Take an order from customer for $24,000 of pet food. Transaction 10. 2/7/2018. Pay January tility bill Transaction 11. 2/8/2018. Ship and invoice customer for $24,000 of pet food ordered in T9 above. Shipping fee is on customer. Transaction 12. 2/12/2018. Receive payment of $24,000 for shipment made in T11. Transaction 13.2/15/2018. Pay salesperson first month wages of $13.500 (three personas, $150 per day, 30 days) Salespersons started their jobs on 1/16/2018. Transaction 14. 2/28/2018. Receive and ship in order from customer for $36.000. Customer promises to pay the amount within 10 days. Shipping fee is paid by customer Transaction 15. 2/28/2018. Total cash sales during the mouth is $168.000 Transaction 16.3/3/2018. Receive and pay February utility bill of $1,900. Transaction 17.3/12/2018. Declare a 50.3 per share dividend and pay to common shareholders Transaction 18.3/15/2018. Pay salespersons' February wages of $12.600 (three persons, $150 per day, 28 days) Transaction 19.3/31/2018. Total cash sales during the month is $184.000. There is no credit sale during March Additional information: a. After a plysical count the ending inventory balance on hand is estimated to be $80,000 (The company adopts a periodic inventory system.) 6. Estimated income taxes for the first quarter of 2018 is $9,600. c. Expected utility ball for march is $1700