(Use the information in the accounting equation spreadsheet to make journal entries, LO 2, 3, 5) For each transaction recorded in the accounting equation spreadsheet below, prepare the corresponding journal entry.

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Accounts Transaction Cash Receivable Inventory Prepaid Rent Capital Accumulated Assets Amortization 1 100,000 Accounts Salaries Capital Payable Payable Stock 100,000 2 (10,000) 30,000 3 (3,000) 3,000 4 15,000 20,000 15,000 5 25,000 7 (10,000) 8 (25,000) (25,000) 9 18,000 (18,000) 10 (7,000) 11 (9,000) 12 13 (5,000) (1,000) 14 500