Journalize the following transactions (format - 'Debit (account) $x,xxx; Credit (account) $x,xxx)
Jul. 4 Paid utilities expense of $350.
Jul. 5 Purchased equipment on account, $1,500.
Jul. 10 Sold goods for $1,000. Cost of $350. Terms N/30
Jul. 19 Cash Dividends of $500 were paid to stockholders
Jul. 21 Purchased inventory for $3,000. Terms 5/10, N/30
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