Martinez Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Aug. 2 7 12 Invested $12,530 cash and $2,260 of equipment in the business. Purchased supplies on account for $540. (Debit asset account.) Performed services for clients, for which $1,401 was collected in cash and $657 was billed to the clients. Paid August rent $646. Counted supplies and determined that only $267 of the supplies purchased on August 7 are still on hand. 15 19 Date Account Titles and Explanation Debit Credit