Use the following account No. to enter proper journal entries for each transaction Account No. Account Name 3 4 Accounts payable Accounts receivable Buildings, net of accumulated depreciation Cash Common stock Cost of goods sold Current portion of long-term debt Depreciation expense Dividends paid during the year 8 9 10 Accumulated depreciation, 11 Income tax expense 12 Income taxes payable 13 Interest expe 14 Inventory 15 Land 16 Equipment 17 Perpaid insurance 16 Retained earnings, beginning 19 Service revenue 20 Selling expenses