You are to record journal entries for Olympic Ltd. (Olympic) for transactions a through j that follow in the grid below. Debits must come before and be on a separate line from credits. There are extra rows in the grid. You are not required to provide explanations, but you should show calculations. a) Olympic purchased equipment that cost $20,000. The company paid $4,000 and signed a $16,000 6% two-year note for the balance owing. Date Debit account a) Credit account Debit $ Credit $ b) Olympic recorded one year of depreciation on the equipment purchased in transaction a). The equipment has a four-year life. Date Debit account b) Credit account Debit $ Credit $ c) Olympic recorded an entry to adjust for one month of interest owing on the note from transaction a). Date Debit account Credit account Debit $ Credit $ c) d) Olympic billed its customers $32,000 for service work done. $18,000 was collected in cash and the remaining $14,000 of work was performed on credit. Date Debit account Credit account Debit $ Credit $ d) e) Olympic collected $3,000 owing from customers from transaction d). Date Debit account Credit account Debit $ Credit $ e) f) Olympic's supplies inventory account currently shows a balance of $525. A count of supplies shows $125 of supplies on hand at the end of the accounting period. Date Debit account f) Credit account Debit $ Credit $ g) Olympic's deferred (unearned) revenue has a balance of $1,000. By the end of the accounting period, $300 of work is still owing to customers. Date g) Debit account Credit account Debit $ Credit $ h) Olympic paid $200 owing to suppliers for previous purchases of supplies inventory on credit. Date Debit account Credit account Debit $ Credit $ h) i) Olympic made an entry to adjust for $800 that it owed for rent for the current month. Date i) Debit account Credit account Debit $ Credit $ j) At the end of the accounting period, Olympic closed the Service Revenue account of $60,000 and Salaries Expense account of $15,000. Date Debit account Credit account Debit $ Credit $