Question 1 (60 marks) Enter the following transactions in the journal for Galaxy Co. You may omit explanations. May. 2 Purchased supplies $2,400 on account. 4 Cash receipts of $6,000 from a customer for service provided on account in January. 5 Paid $5,750 on account for equipment purchased in February. Received $90,000 cash contributed by its owners as share capital. 7 12 Purchased office equipment costing $29,750; paid $12,000 cash and charged the balance on account. Date Description May 2 Journal Debit $ Credit $