What accounts should be debited and credited for the transactions in # 15, and #18

1. stores in greater Virginia area. His closing trial December 31, 2016 is: Cash Accounts receivable Merchandise Inventory Prepaid insurance Equipment Acc. Depreciation-equip. utilities payable Salary payable Unearned rent Long-term mortgage payable Scott Capital Totals S 12,500 2,500 24,250 42,000 10,500 150 600 2,000 15,000 53 500 All sales made by Scott are under the credit terms 2/10, n/30. All purchases are under the credit terms 1/10, n/30. During January 2017, Scott had the following transactions: January Purchased $10,000 in inventory from Dimah Inc. 2. Paid $500 on long-term mortgage payable. Interest on mortgage is $75. The rest goes 2. reduce the principal balance of the mortgage. Sold $15,000 of inventory for $20,000 to Nina, Inc. 5. Paid worker $1,500 for one weeks work. Two days of 5 day work week occurred in 2016. 7. Pays for advertising to be run in trade publication (advertising 7. Purchased $12,000 of inventory from Pepper Inc. 9. Paid $1800 for one years of insurance starting January 31, 2017. Prepaid insurance ends 11. January 31, 2017. Paid worker $1,500 for weeks work. 14. Nina returned $200 of inventory from January 5th purchase. 14. Paid for inventory purchased from Dimah January 2nd 14. Received payment for January h sale to Nina. From Pepper Inc. 15. purchase. Paid Pepper for Janua 18. Paid $1,500 worker for weeks work. 21. Paid Utility bill from 2016. 21. Sold $14,000 of merchandise for $25,000 to Cinder Inc. 21. Sold $20,000 of merchandise for $32,000 to Robin Inc. 24. 25. Received Utility bill for January for $160. Due in 30 days. Purchased $14,000 of inventory from Dimah, Inc. 26. Paid worker $1,500 for weeks work. 26. Paid $700 rent for January. 28. Pays $3,000 sales commissions to salesmen. 28. r for January 21 th purchase. Received payment from Cinder 29. Withdraws $3,000 for personal expenses, 30. 1. stores in greater Virginia area. His closing trial December 31, 2016 is: Cash Accounts receivable Merchandise Inventory Prepaid insurance Equipment Acc. Depreciation-equip. utilities payable Salary payable Unearned rent Long-term mortgage payable Scott Capital Totals S 12,500 2,500 24,250 42,000 10,500 150 600 2,000 15,000 53 500 All sales made by Scott are under the credit terms 2/10, n/30. All purchases are under the credit terms 1/10, n/30. During January 2017, Scott had the following transactions: January Purchased $10,000 in inventory from Dimah Inc. 2. Paid $500 on long-term mortgage payable. Interest on mortgage is $75. The rest goes 2. reduce the principal balance of the mortgage. Sold $15,000 of inventory for $20,000 to Nina, Inc. 5. Paid worker $1,500 for one weeks work. Two days of 5 day work week occurred in 2016. 7. Pays for advertising to be run in trade publication (advertising 7. Purchased $12,000 of inventory from Pepper Inc. 9. Paid $1800 for one years of insurance starting January 31, 2017. Prepaid insurance ends 11. January 31, 2017. Paid worker $1,500 for weeks work. 14. Nina returned $200 of inventory from January 5th purchase. 14. Paid for inventory purchased from Dimah January 2nd 14. Received payment for January h sale to Nina. From Pepper Inc. 15. purchase. Paid Pepper for Janua 18. Paid $1,500 worker for weeks work. 21. Paid Utility bill from 2016. 21. Sold $14,000 of merchandise for $25,000 to Cinder Inc. 21. Sold $20,000 of merchandise for $32,000 to Robin Inc. 24. 25. Received Utility bill for January for $160. Due in 30 days. Purchased $14,000 of inventory from Dimah, Inc. 26. Paid worker $1,500 for weeks work. 26. Paid $700 rent for January. 28. Pays $3,000 sales commissions to salesmen. 28. r for January 21 th purchase. Received payment from Cinder 29. Withdraws $3,000 for personal expenses, 30.