Question 4 of 20: Select the best answer for the question Download and refer to this worksheet for use with this exam. It contains figures referenced throughout the exam for you to fill out, and you may need information from a figure in more than one question. 4. Use the following information to answer the question. Analyze and prepare journal entries for the following transactions on the form provided in Exam Figure 2. Pencil-foot the debit and credit columns. (A) 5/1-Purchased a new calculator for the office for $600 on account from J. C. Hollings, Inc., memo 3. (B) 5/2-Purchased $3,500 of equipment for the store on account from Craft Bank, memo 4. (C) 5/4-Paid cash, $42.92, for supplies, check 4. (D) 5/5-Paid cash, $1,000, to Bellhaven Bank for amount owed on account, (check 5). You record the debit entry for transaction (B) 5/2 in the journal as