Question 5 Ivanhoe Company had the following transactions during the first week of May. Record the following transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 1. Purchased supplies on account for $520. 2. Performed services and billed the customer $1,600. 3. Received cash of $830 for services to be performed in June, 4. Collected $700 on account 5. Paid $370 on account. No. Account Titles and Explanation L Debit Credit 2.