Do “T” accounts for debit and credit entries for each transaction.

Wellco paid $14,500 in cash for a delivery truck.

Wellco paid in cash it’s 13 full-time employees $523.14 each and it’s 9 part-time employees $287.12 each.

Wellco paid off a bank loan of $17,200 in cash.

Wellco returned 43 barrels to its supplier. The supplier paid $34.50 in cash for each barrel.

Wellco received $25,000 in accounts recievable for merchandise sales.