During the month of June, the following transactions took place at the Islamic Finance Training Company. Prepare the journal entry for each of these transactions.

a. Received 75,000 from owner.

b. Purchased office equipment for $5,000 for cash.

c. Purchased material supplies for $7,000 on account.

d. The rent for the month of $4,000 was paid in cash.

e. Conducted tow training program for a client and received $18,500 in cash.

f. Salaries for the month were $9,000 and were all paid. g. Conducted one training program for $10,000 for a client who will pay next month. h. Paid dividends to stockholders of $4,000. i. Received $4,000 cash for training services previously performed on account.