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Question 2, 52.5 (similar to) ist Chapter 2 Part 5 of 5 After operating for several months, artist Nathan Laflamme completed the following transactions during

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Question 2, 52.5 (similar to) ist Chapter 2 Part 5 of 5 After operating for several months, artist Nathan Laflamme completed the following transactions during the latter part of Mary \begin{tabular}{ll} May 15 & Borrowod $27,000 from the bank, signing a note payable. \\ May 22 & Painted a portrait for a client on account lotaling $9,000. \\ May 28 & Received $6,200 cash on account from clients. \\ May 29 & Recerved a utily bill of $700, which will be paid during June. \\ May 30 & Paid monthly salary of $3,100 to gallery assistant. \\ \hline \end{tabular} Journalize the transactions of Nathan Laflamme, Artist. Include an explanation with each journal entry. \begin{tabular}{|c||c|r||c|} \hline Date & Accounts and Explanations & Debit & \multicolumn{1}{c|}{ Credit } \\ \hline May 28 & Cash & 6.200 & \\ \hline \end{tabular}

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