22 Question 6. In October 2019, L&M Children's Boutique, Inc. was established in Lafayette, LA to provide designer clothing for infants and children. Bubbles Breaux and Anastasia Lee are the major stockholders in this corporation. Use the following data to prepare the journal 4 entries for the following transactions that occurred during the month of October 15 76 October 77 1 3 78 6 19 10 80 81 Stockholders (Bubbles & Anastasia) invested $90,000 cash in the business Purchased shelves and cash register for $25,000; paid $6,000 down and signed a 1 year 6% note for the balance Hired Trice Keyes as a sales person Sold 25 pairs of designer diapers for $60 each as well as 10 summer swim sets consisting of a sun-blocking swim suit and matching haut) for $150 ench. Purchased supplies for $1,300 on account. Completed and delivered a special order of customized clothing for a 3 year old for $1,000 on account. Received $700 when a customer purchased a gift card to be used in September Collected $600 from the transaction on October 17. Paid $6,000 for a one-year insurance policy effective July 1, 2019. Paid $1,000 rent and $800 for utilities used during the month Paid receptionist $1.500 for July 13 17 20 26 27 28 29 BA tos 17 18 89 Date Account Titles Ref Debit Credit 91