Brief Exercise 3-02 Sheridan Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Aug. 2 Invested $11,120 cash and $2,460 of equipment in the business. 7 Purchased supplies on account for $510. (Debit asset account.) 12 Performed services for clients, for which $1,325 was collected in cash and $707 was billed to the clients. 15 Paid August rent $543. 19 Counted supplies and determined that only $294 of the supplies purchased on August 7 are still on hand. Date Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work