or The following transactions occurred for Graham Technology Solutions: (Click the icon to view the transactions.) Read the requirement (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) More info W May 1: Th Date May 1 May 1 May 2 May 4 May 61 May 9 Paid $200 on accounts payable May 17 May 2: Pu May 19 Paid rent expense for the month, $1,000 Date May 201 The business received cash of $120,000 and issued common stock to Adam Graham Purchased office supplies on account, $500 Paid $54,000 cash for building and land. The building had a fair market value of $47,000 Performed services for customers and received cash, $3,400 Performed services for customers on account $3,000 Received $1,800 from customers for services to be performed next month May 21 Paid $600 for advertising in next month's IT Technology magazine, May 23 Received $2,400 cash on account from a customer May 31 Incurred and paid salaries, $1.500 - X