the following transactions of jaker ltd occurred in the month of january 2016 date 1 4375696

The following transactions of Jaker Ltd. occurred in the month of January 2016: Date: 1 Borrowed $12,500 from the bank. 3 Issued 2,200 common shares for $22,000. 5 Purchased inventory on account totalling $24,700. 9 Bought computer equipment costing $8,000 for $4,000 cash and the balance on account. 15 Made sales totalling $25,000, of which $9,000 were on account. The cost of the products sold from inventory was $14,000. 19 Made payments to suppliers totalling $15,000. 25 Collected on account from customers totalling $7,800. 27 Made sales totalling $10,500, all on account. The cost of the products sold from inventory was $7,600. 28 Employees earned wages of $2,400 during the month, of which $2,200 was paid. 28 Incurred $800 of utilities expenses during the month. Required: Analyze and record these transactions using the template method.
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The following transactions of Jaker Ltd occurred in the month

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