Woodcross LLC had the following events occur during the month of July:
1. Received $40,000 from investors for contributed capital
2. Borrowed $15,500 from the bank.
3. Paid $4,100 for rent
4. Made sales on account for $12,500
5. Made cash sales to customers totaling $29,700
6. Repaid part of bankloan for $6,000
7. Purchased new equipment for $5,000
8. Paid $13,000 for wages
9. Paid $1,900 for Utilities
Prepare the nine journal entries.