Sheridan Services was formed on May 1, 2022. The following transactions took place during the first month. Transactions on May 1: 1. Jay Bradford invested $39,000 cash in the company, as its sole owner. 2. Hired two employees to work in the warehouse. They will each be paid a salary of $2,500 per month. 3. Signed a 2-year rental agreement on a warehouse; paid $21,000 cash in advance for the first year. 4. Purchased furniture and equipment costing $30,300. A cash payment of $12,000 was made immediately; the remainder will b 5. Paid \$2,000 cash for a one-year insurance policy on the furniture and equipment. Transactions during the remainder of the month: 6. Purchased basic otfice supplies for $500cash. 7. Purchased more office supplies for $1,200 on account. 8. Total revenues earned were $18,300$7,300 cashand $11,000 on account. 9. Paid $400 to suppliers for accounts payable due. 10. Received $3,300 from customers in payment of accounts receivable. 11. Received utility bills in the amount of $500, to be paid next month. 12. Paid the monthly salaries of the two employees, totaling $5,000. Prepare journal entries to record each of the events listed. (List all debit entries before credit entries. Credit account titles ore outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts. 5. office supplies 500 Cash 6. office supplies Accounts Payable 1,200 7. Accounts Receivable 7,300 Service Revenue 8. Accounts Payable Cash 9. Cash Accounts Receivable Cash 9. Cash Accounts Receivable 10. Utilities Expense Salaries and Wages Expense 11. salary Cash 12