Lab 5 Transactions to analyze and journalize In this lab we will continue with analyzing and journalizing transactions. We will do a few new transactions that we did not have in Lab 4. Below is a list with a few transactions. Use the Journal page provided in the lab folder to journalize these transactions. Use the Chart of Accounts provided in the lab folder to determine the account names you will use. You do not need to include a description with your journal entry. When you have completed these Journal Entries, save the file and upload it using the link. Date Transactions Sep. 26 Provided services to a customer on account in the amount of $32,000. Sep.30 Paid employee salaries in cash for hours worked the last two weeks of September. $50,000 Oct. 1 Received a new capital contribution from a shareholder of $500,000 cash and Equipment with a market value of $50,000. Issued 550,000 shares of common stock Oct. 1 Paid a cash dividend to stockholders in the amount of $50,000 Oct. 3 Received a bill from the county tax office for property tax in the amount of $65,000. The company will pay the county in December Oct. 8 A customer paid cash in advance for services that will be performed next month in the amount of $25,000 Oct. 15 Paid employee salaries in cash for hours worked the first two weeks of October. $50,000 Oct. 15 Paid $12,000 cash for 6 months insurance in advance. Will cover through next March Oct. 20 Received the $32,000 for the account receivable from Sept. 26 Oct. 30 Purchased Office Supplies on account for $5,000 Oct. 31 Paid employee salaries in cash for hours worked the last two weeks of October. $50,000