mework Assignment (i) g. Paid $8,250 cash on accounts payable. h. Incurred $24,100 in utility expenses during the year, of which $18,700 was paid in cash and the rest owed on acce Required: For each of the above transactions, prepare accrual basis journal entries. Calculate the company's preliminary net income. Complete this question by entering yo

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mework Assignment (i) g. Paid $8,250 cash on accounts payable. h. Incurred $24,100 in utility expenses during the year, of which $18,700 was paid in cash and the rest owed on acce Required: For each of the above transactions, prepare accrual basis journal entries. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event Journal Entry Required&#34; in the first account field.) Journal entry worksheet 1 2 3 4 5 6 7 8 Received $525 on account from a customer. Record the transaction. Note: Enter debits before credits.  table[[Transaction,General Journal,Debit,Credit],[e.,,525,],[,,,525],[,,,],[,,,],[,,,],[,,,]] Prev 5

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