Crane Services was formed on May 1. 2022. The following transactions took place during the first month: Transactions on May 1: 1. Jay Bradford invested $41,000 cash in the company, as its sole owner. 2. Hired two employees to work in the warehouse. They will each be paid a salary of $3.000 per month. 3. Signed a 2 -year rental agreement on a warehouse: paid $20,000 cash in advance for the first year. 4. Purchased furniture and equipment costing $30.800. A cash payment of $11,000 was made immediately: the remainder wilit 5. Paid $2,000 cash for a one year insurance policy on the furniture and equipment. Transections during the remainder of the month: 6. Purchased basic office suppilies for $400 cash. 7. Purchased more office supplies for $1.300 on account. 8. Total revenues earned were $19,800 - $8,800 cashand $11,000 on account. 9. Paid $500 to suppliers for accounts payable due 10. Received $3,100 from customers in payment of accounts receivable. 11. Received utility bills in the amount of $300, to be paid next month. 12. Paid the monthly salaries of the two empioyees, totaling $6,000. (a) Prepare journal entries to record each of the events listed. (List all debit entries befors credit entries. Crodit occount titles are. automotically indented when amount is entered. Do not indent mandally. If no entry is required, select "No Entry" for the account titles and enter ofor the amounts) Prepare journai entries to record eash of the events listed. Hist all debit entries before credit entries Credit occount bities are outomatically indented when amount is entered, Do tot indent monually. If no entry is required, seiect "No Entry" for the account titles and enter 0 for the amounts) Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be avallabie when you complete the part above (c) The parts of this question must be completed in order, This part will be avalifable when you compiete the partabove