Pat Bjornson, owner of Pat's Beauty Supply, completed the following business transactions during March 2000.

Mar. 1 Purchased $\$ 53,000$ of inventory on credit.

4 Collected $\$ 5,000$ from customers as payments on their accounts.

5 Purchased equipment for $\$ 3,000$ cash.

6 Sold inventory that cost $\$ 30,000$ to customers on account for $\$ 40,000$.

10 Paid rent for March, $\$ 1,050$.

15 Paid utilities for March, $\$ 100$.

17 Paid a $\$ 300$ monthly salary to the part-time helper.

20 Collected $\$ 33,000$ from customers as payments on their accounts.

22. Paid $\$ 53,000$ cash on account payable. (See March 1 entry.)

25 Paid property taxes of $\$ 1,200$.

28 Sold inventory that cost $\$ 20,000$ to customers for $\$ 30,000$ cash 1. For each transaction, give the entry to record it in the company's general journal. (Omit explanations.)

2. Set up T-accounts, and post the journal entries to their appropriate accounts