is this correct ?

The transactions relating to the formation of Blue Co. Stores Inc., and its first month of operations follow a. The firm was organized and the stockholders invested cash of $8,800 b. The firm borrowed $4,200 from the bank; a short-term note was signed c. Display cases and other store equipment costing $1,600 were purchased for cash. The original list price of the equipment was $1,990, but a discount was received because the seller was having a sale. d. A store location was rented, and $1,300 was paid for the first month's rent e. Inventory of $14,500 was purchased; $8,800 cash was paid to the suppliers, and the balance will be paid within 45 days f. During the first week of operations, merchandise that had cost $3,300 was sold for $6,100 cash. g. A newspaper ad costing $120 was arranged for, it ran during the second week of the store's operations. The ad will be paid for in the next month. h.Additional inventory costing $4,350 was purchased; cash of $1,250 was paid, and the balance is due in 30 days i. In the last three weeks of the first month, sales totaled $14,250, of which $9,200 was sold on account. The cost of the goods sold totaled $8,600. j. Employee wages for the month totaled $1,800; these will be paid during the first week of the next month k. The firm collected a total of $3,050 from the sales on account recorded in transaction i L. The firm paid a total of $4,100 of the amount owed to suppliers from transaction e Required: Prepare the journal entries for each of these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit Cash 1 a 8,800 Paid-in capital 8,800 Cash Note payable 2 b 4.200 4.200 3 Equipment 1,990 C Discount on notes payable 390 Cash 1,600 Rent expense 4 d. 1300 Merchandise inventory 14 500 8400 Cash Saved Required: Prepare the journal entries for each of these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View journal entry works heet View transaction list No Transaction General Journal Debit Credit Cash 1 a 8,800 Paid-in capital 8,800 Cash 2 b 4,200 Note payable 4,200 Equipment 3 1,990 Discount on notes payable 390 Cash 1,600 Rent expense 4 d 1,300 Merchandise inventory e. 14,500 Cash 8,400 Accounts payable 6,100 Cash 6 (1) 6,100 Cost of goods sold 3,300 7 2) Advertising expense 8 120 9 Merchandise inventory Cash h. 4,350 1 250 3,100 Accounts payable 5,050 Cash 10 1) 9900 Accounts receivable