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June 2 3 12 Oleg Thorn invests $5,800 cash in a small welding business of which he is the sole proprietor. Purchases equipment on account for $3,100. $850 cash is paid to landlord for June rent. Sends a bill to K. Johnsen for $440 after completing welding work done on account. ournalize the transactions. (Credit account titles are automatically indented when amount s entered. Do not indent manually. Record journal entries in the order presented in the 'roblem. If no entry is required, select "No Entry" for the account titles and enter O for he amounts.) Date June 1 v June 2 v June 3 v June 12 v Account Titles and Explanation Cash Owner's Capital Equipment Accounts Payable Rent Expense Cash Accounts Receivable Service Revenue 5800 5800 3100 850