11:58 +l HE III 88 1) May1, purchased new equipment, paying cash $25,000 and signing a 90-days note payable for the balance of $87,500 2)May2nd, Purchased 12 month of insurance to begin May2, paid $1800 3) May 3rd, Completed a design service for a customer today and received $6000 4) May 4, Purchase office supplies on Account $3750 5) May6, Returned supplier $500 of defective office supplies purchased on May4 6) May 10, provided services to a client on account $11,500 7) May 15, paid for May4 purcahse less the return of May 8) May 20, Received payment from the client of May10 9) May25, Received cash of $600 from a client for work to be done in June 10) May 31, paid month-end salaries nf $47 11:58 +l HE III om on account $11,500 7) May 15, paid for May4 purcahse less the return of May 8) May 20, Received payment from the client of May 10 9) May25, Received cash of $600 from a client for work to be done in June 10) May 31, paid month-end salaries of $47,000 11) May 31, paid the May Telephone bill for $2,250 12) May 31, received May electrical bill today $900, it will be paid on Jun15. Please note that you only need to complete all the entries and this home assignment is required to be submitted on elearning by Oct17, 2021 Sun 11:55 am 18 October - 24 October 25 October - 31 October