The following journal entries are from the books of Kara Elizabeth Company:

For each of the journal entries, prepare an explanation of the business event that is beingrepresented.

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a. Buildings. 90,000 Cash 35,000 b. Cash c. Cash d. Salary Expense e. Inventory f. Accounts Receivable Mortgage Payabledarar^*.^.. Capital Stock Loan Payable.. Cash Accounts Payable.... Sales Inventory Accounts Receivable. Cash 25,000 40,000 12,000 12,500 84,000 51,000 62,000 38,000 55,000 25,000 40,000 12,000 12,500 84,000 51,000 62,000 38,000 Cost of Goods Sold g. Cash