oe owns an insurance office, while Alex operates a maintenance service that provides basic custodial duties. For the month of May, he following transactions occurred. May 2 Alex decides that she will need insurance for a one-day special event at the end of the month and pays Joe $200 in advance. May 5 Alex provides maintenance services to Joe's insurance offices on account, $375. May 7 Joe borrows $400 from Alex by signing a note. May 14 Alex purchases maintenance supplies from Spot Corporation, paying cash of $150. May 19 Joe pays $375 to Alex for maintenance services provided on May 5 . May 25 Joe pays the utility bill for the month of May, $125. May 28 Alex receives insurance services from Joe equaling the amount paid on May 2 . May 31 Joe pays $400 to Alex for money borrowed on May 7 . Required: iecord each transaction for Joe's insurance Services. Keep in mind that Joe may not need to record all transactions. (If no entry is equired for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 8 Alex receives insurance services from Joe equaling the amount paid on May 2. Note: Enter debits before credits