please include journal entry in your answer thank you.~

Mateo Inc. is a retailer of men's and women's clothing aimed at college-age customers. Listed below are additional transactions that Mateo was considering at the end of the accounting period. Assuming that each had occurred during the fiscal year, complete the following tabulation, selecting the sign of the effect of each additional transaction (+ for increase and - for decrease). Consider each item independently and ignore taxes. (Select "NE" if there is no effect.) Borrowed $3,000 on a line of credit with the bank. Incurred salary expense of $1,000 paid for in cash. Provided $2,000 of services on account. Purchased $700 of inventory on account. Sold $500 of goods on account. The related cost of goods sold was $300. Gross profit margin was 45 percent before this sale