Remote Jobs Work. Reche Jokes Custo... Google Developers Application Problem 3-58 For each of the following transactions, prepare journal entries: (Credit account titles are automatically indented when the amount is entered. Do not ladet mamay. If no entry is required, select "No Entry for the account titles and enter for the amounts.) b. C. d. f 9. h. The company issued common shares for $160,000, The company borrowed $69,000 from a bank. (Use Bank Loan Payable) Inventory costing $44,900 was purchased on account. Rented a retail space and paid a damage deposit of $9,000. Received a bill for advertising costs of $3,700 related to the grand opening, Paid employees wages of $18,200. Inventory costing $35,300 was sold for $71,500, half for cash and half on account. (Hint: Two journal entries are required.) A payment of $43,400 was made on accounts payable. Accounts receivable totalling $21,900 were collected New equipment costing $132,000 was purchased for cash. The company paid $18,100 on its bank loan, which included $10,500 of interest The company paid $8,800 for the monthly rent on its retail location. The company's board declared and paid dividends of $11,000. Paid the advertising bill related to the grand opening (see transaction (e)). i J. k. 1. m. No. Aerunt Titles and Eunia