Journalize the following transactions $($Use a separate sheet or back of the next page if needed $-$

descriptions not necessary$)(4$ pts$)$:

Jul. $1$ Paid rent expense of $$750.$

Jul. $6$ Purchased inventory on account, $$1,500.$

Jul. $15$ Sold goods for $$2,000.$ Cost of $$1,050.$ Terms $\frac{N}{30}($REMEMBER REVENUE AND

COST ENTRIES$)$

Jul. $19$ Cash dividends of $$700$ were paid to stockholders.

Jul. $21$ Purchased inventory for $$5,000.$ Terms $5/10,\frac{n}{30}.$

Jul. $31.$ Performed count of inventory supplies, determined $$375$ worth of supplies were

used