Review the following transactions, and propare any necessary journal entries for Renovation Goods. On May 12, Renovation Goods purchases 750 square feet of flooring (Flooring inventory) at $3.00 per square foot from a supplier, on credit. Terms of the purchase are 2/10,n/30 trom the inwoice date or May 12 . On May 15, Renovation Goods purchases 200 measuring tapes (Tape Irwentory) at $5,75 per tape from a supplier, on credit. Terms of the purchase are 4/15, n'60 from the involce date of May 15 . On May 22, Renovation Goods pays cash for the amount due to the fooring supplier from the May 12 transaction On June 3. Renowation Goods pays cash for the amount dve to the tape supplier from the May 15 transaction. On May 15. Renovation Gbods purchases 200 measuring tapes (Tape Inventory) at $5.75 per tape from a supplier. on the purchase are 4/15,n/60 from the invoice date of May 15. On May 22. Renovation Goods pays cash for the amount due to the flooring supplier from the May 12 transaction. On June 3, Renovation Goods pays cash for the amount due to the tape supplier from the May 15 transaction