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Prepare journal entries for the following transactions for the month of May, 202X.Journalize them in a 2 column journal using the appropriate date to identify
Prepare journal entries for the following transactions for the month of May, 202X.Journalize them in a 2 column journal using the appropriate date to identify them.Explanations may be omitted:
2.Paid rent for the month,$4,200
5.Bought supplies for cash,$395
25.Purchased equipment for $5,700.Paid cash of $1,000 and the rest on account
31. Fees earned for the month of $22,575.Sent invoices to customers.
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