Brief Exercise 3-5 Transactions for Jayne Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,000 cash. 2 Buys equipment on account for $1,100. 3 Pays $740 to landlord for June rent. 12 Bills Wil Wheaton $700 for welding work done. Identify the accounts to be debited and credited for each transaction. Account DebitedAccount Credited June 1 June 2 June 3 June 12