i X More Info May 1 The business received cash of $105,000 and issued common stock to Zoe Wilke. 2 Purchased office supplies on account, $550. 4 Paid $57,000 cash for building and land. The building had a fair market value of $45,000. 6 Performed services for customers and received cash, $3,600. 9 Paid $350 on accounts payable. 17 Performed services for customers on account, $3,500. 19 Paid rent expense for the month, $1,200. 20 Received $1,500 from customers for services to be performed next month. 21 Paid $900 for advertising in next month's IT Technology magazine. 23 Received $3,100 cash on account from a customer. 31 Incurred and paid salaries, $1,700. Print Done The following transactions occurred for Wilke Technology Solutions: (Click the icon to view the transactions.) Read the requirement.(Record debits first, then credits. Select the explanation on the last line of the journal entry table.) May 1: The business received cash of $105,000 and issued common stock to Zoe Wilke. Date Accounts and Explanation Debit Credit May 1