Journal the following 5 transactions:

ACCT 1100 Midterm Exam Problem 1. Journalize the ve transactions for Mirmax Rentals described below: August 1_M1[max purchases two new saws on credit at $3?5 each. The saws are added to Mirmax's rental inventory. Payment is due in 30 days. August LMicmax accepts advance deposits for tool rental of 5'35 that will be applied to the cash rental when the tools are returned. August liMJLmax receives a bill from Macon Utility Company for $150. Payment is due in 30 days. August Wcharges Customers $750 for tool rentals. Payment is due in 30 days. August 11me receives $500 in payments from the customers that were bill for rentals on August 20