Analyze and prepare journal entries for the following transactions on the form provided in Exam Figure 2. Pencil-foot the debit and credit columns. (A) 5/1-Purchased a new calculator for the office for $690 on account from J. C. Hollings, Inc., memo 3. (B) 5/2-Purchased $3,500 of equipment for the store on account from Craft Bank, memo 4. (C) 5/4-Paid cash, $42.92, for supplies, check 4. (D) 5/5-Paid cash, $1,000, to Bellhaven Bank for amount owed on account, (check 5). You record the debit entry for transaction (B) 5/2 in the journal as OA Date: Description Debit Credit May 2 Equipment-Store 3500.00 OB. Date Description Deb Credit May 2 Merchandise 3500.00 O C. Date Description Debit Credit May 2 A/P - Craft Bank 3500.00 D. Date Description Debit Credit May 21 Equipment Store 3500.00