Kauai Adventures rents and sells surfboards, snorkeling, and scuba equipment. During March, Kaual engaged in following transactions: March 2 Received $33,100 cash from customers for rental. 3 Purchased on credit five new surfboards (which Kauai classifies as inventory) for $130 each. 6 Paid wages to employees in the amount of $8,000. 9 Paid office rent for the month in the amount of $2,300. 12 Purchased a new Ford truck for $17,100; paid $1,000 down in cash and secured a loan from Princeville Bank for the $16,100 balance. 13 Collected a $950 account receivable. 16 Paid an account payable in the amount of $870. 23 Borrowed $15,000 on a six-month, 8 percent note payable. 27 Paid the monthly telephone bill of $145. 30 Paid a monthly advertising bill of $1,260. Required: Prepare a journal entry for each of the above transactions. If an amount box does not require an entry, leave it blank. Mar. 2 Prepare a journal entrv for each of the ahnve traneartions. If an amount box does not require an entry, leave it blan 9 12 13 16 23 27 30 All work saved