General Journal Instruction Five transactions for Mirmax Rentals described below. Aug 1 Mirmax purchases two new saws on credit at $425 each. The saws are added to Mirmax's Equipment- Rental account. Payment is due in 30 days Mirmax accepts advance deposits for tool rentals of $125 that will be applied to the cash rental when 8 the tools are returned 15 Mirmax receives a bill from Macon Utility Company for $180. Payment is due in 30 days 20 Customers are charged $1,250 by Mirmax for tool rentals. Payment is due from the customers in 30 days 31 Minmax receives $600 in payments from the customers that were bled for rentals on August 20 Required: Journalize the five transactions for Mirmax Rentals Refer to the Chart of Accounts for exact wording of account bites Chart of Accounts Jo 0 CHART OF ACCOUNTS General Ledger ASSETS REVENUE 11 Cash 41 Rental Revenue 12 Accounts Receivable 2 13 Supplies EXPENSES 14 Prepaid Insurance 51 Wages Expense 15 Land 53 Rent Expense 5 16 Equipment Rental 54 Utilities Expense 17 Building 55 Maintenance Expense 18 Truck 59 Miscellaneous Expense Chart of Accounts 17 Building 55 Maintenance Expense 18 Truck 59 Miscellaneous Expense LIABILITIES 21 Notes Payable 22 Accounts Payable 23 Unearned Revenue EQUITY 31 Owner, Capital 32 Owner, Drawing General Journal Journalize the five transactions for Mirmax Rentals Refer to the Chart of Accounts for exact wording of account files PAGE 1 JOURNAL DATE DESCRIPTION POST. RET DEBIT CREDIT 2 General Journal DATE DESCRIPTION POSL REF 1 DO CREDIT 2 3 5 6 7 09 8 9 10