The abridged balance sheet for Ezy Solutions Pty Ltd as of 31 May 2021 was as follows:

Assets	$	Liabilities and Owner'sEquity	$
Cash	26 000	Accounts payable	32 000
Accounts receivable	4 000	Long-term loan	90 000
Inventory	62 000	Share capital	28 000
Prepayments	1 000	Retained profits	2 000
Equipment	60 000
Less Accumulated depreciation	(1 000)
	152 000		152 000

The following transactions occurred during June 2021:

1. Paid $22 000 of Accounts payable.
2. Received $40 500 from Accounts receivable.
3. Purchased inventory on credit for $15 000.
4. Made credit sales of $125 000 and COGS was $62 500.
5. Rent expense of $1 300 was paid in cash.
6. Depreciation of $6 500 was recognized.
7. Prepayments (for Insurance) of $500 expired during the month.
8. Dividends of $14 000 were paid.
9. Paid back $4 500 on the Long-term loan.
10. Paid the monthly wages bill of $6 500.
11. Paid $15 500 of Accounts payable.

Required:

Journal entries for each of the above eleven (11) transactions. Narrations (Explanations) are not required.