Katy Williams is the manager of Blue Light Arcade. The company provides entertainment for parties and special events. a. Blue Light Arcade received $74 cash on account for a birthday party held two months ago. b. Agreed to hire a new employee at a monthly salary of $3,700. The employee starts work next month. c. Paid $2,700 for a table top hockey game purchased last month on account. d. Repaid a $5,700 bank loan that had been outstanding for six months. (Ignore interest.) e. The company purchased an air hockey table for $5,000, paying $2,400 cash and signing a short-term note for $2,600. Prepare journal entries for the above transactions relating to the year ended December 31. (If no entry is required for a transaction/event select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Blue Light Arcade received $74 cash on account for a birthday party held two months ago. Record the transaction. Note: Enter debits before credits. Transaction a General Journal Debit Credit Record entry Clear entry View general journal