Learn Forex Trading Virtual Flipping RC Saved Help Sul Save & Exit mework (Algo) Check my wor Problem 2-4B Record transactions (LO2-4) advance Ell owns an insurance office, while Olivia operates a maintenance service that provides basic custodial duties. For the month of May, the following transactions occurred May 2 Olivia decides that she will need insurance for a one-day special event at the end of the month and pays eli $130 in May 5 Olivia provides maintenance services to all's insurance offices on account, $340. May 7 Eli borrows $330 from Olivia by signing a note May 14 Olivia purchases maintenance supplies from Spot Corporation, paying cash of $115. May 19 Eli pays $340 to Olivia for maintenance services provided on May 5. May 25 Eli pays the utility bill for the month of May, $118. May 28 Olivia receives insurance services from Eli equaling the amount paid on May 2. May 31 Eli pays $330 to Olivia for money borrowed on May 7. Required: Record each transaction for Ell's Insurance Services (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet Debit No General Journal Credit Date