Caputo Florists registered for business on May 1, 2018. Several transactions which occurred in 2018 are described below. Record each transaction in proper journal form and create T accounts for each account. Then create an unadjusted trial balance, Balance sheet and Income statement 1) May 1, 2018 Issued common stock in exchange for $50,000 in cash from investors for use in starting the business. 2) May 1, 2018 Paid $7,000 in cash for rent covering the period of 5/1-11/31/18. 3) May 2, 2018 Purchased a new delivery van for $28,000 by paying 10% down in cash and issuing a 2-year note for the remaining balance due. 4) May 8, 2018 Purchased flowers (inventory) for $4,000 in cash. 5) May 13 2018 Purchased supplies with cash $1,200. 6) May 23, 2018 Paid $2,000 to employee for hours worked. 7) May 26, 2018 Recorded sales of $4,250, of which $2,850 was in cash and the remainder was on account. (Note: Ignore the impact on the Inventory and Cost of Goods Sold accounts.)