You are the accountant for Mastercard Inc. Here are the transactions for February 2025:

• Feb 1: Received $350,000 in cash from the issuance of bonds payable.
• Feb 5: Purchased inventory worth $150,000 on credit.
• Feb 10: Paid $70,000 in cash for advertising expenses.
• Feb 15: Sold merchandise for $200,000 in cash.
• Feb 20: Paid $35,000 in cash for office rent.
• Feb 25: Received utility bills totaling $25,000, payable

Prepare the general ledger accounts for these transactions.