Journalize the following transactions.

May 1 John Donne established the Flea Company by investing $500,000 cash and a car worth $100,000.

May 2 Purchased supplies of $10,000: $1,500 with cash and rest on account.

May 3 Purchased inventory in the amount of $250,000

May 5 Gave services on account in the amount of $120,000.

May 7 Paid salaries $20,000.

May 6 John Donne withdrew $30,000 from the business account for personal use.

May 11 Paid the following cash expenses: rent for $3,000, utilities for $5,000, and miscellaneous for $2,000.

May 12 Purchased marketable securities for $15,000 with cash.

May 16 Borrowed $10,000 from the bank by signing a note.

May 17 Received $10,000 on account.

May 19 Generated service revenue in the amount of $100,000, received $40,000 cash, on account and cash of total $30,000.

May 20 Gave services in the amount of $40,000 and in exchange received supplies in the same amount in the form of barter.

May 21 Paid $20,000 for wages.

May 23 Purchased a machine in the amount of $90,000 by signing a mortgage contract.

May 29 Paid $6,000 on the note.