Show Attempt History Current Attempt in Progress 4 Oriole Inc's general ledger at April 30, 2021. Included the following: Cash $5,200, Supplies $400; Equipment $22,000, Accounts Payable $2,100; Deferred Revenue (from gift certificates) $1,500, Bank Loan Payable $10,000, Common Shares $5,000; and Retained Earnings $9,000. The following transactions occurred during May: May 1 Paid rent for the month of May. $1,500. Paid $1.400 of the account payable outstanding at April 30 7 Issued gift certificates for future services for $1,600 cash. 15 Received $2,700 from customers for services performed to date. 15 Paid $1.200 in salaries to employees. Customers receiving services worth $700 used gift certificates in payment. 18 Pald the remaining accounts payable from April 30. 22 Purchased supplies of $700 on account. 24 Received a bill for advertising for $500. This billis due on June 22. 25 Received and paid a utilities bill for $400. 28 Received $2.100 from customers for services performed. 29 Customers receiving servicey worth $600 used gift certificates in payment, Interest of $50 was paid on the bank loan Paid $1.200 in salaries to employees. 31 Pald income tax Instalment for the month. $150 17 30 31 (a) Your answer is partially correct. Journalise the May transactions. (List all debit entries before credit entries. Credit account titles ore automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Record Journal entries in the order presented in the problem) Date Account Titles and Explanation Rent Expense Debit Credit 1500 WIE TIL Recordjoumal entries in the order presented in the problem.) Account Titles and Explanation May 1 Rent Expense Date Debit Credit V 1500 Cash May 4 V Accounts Payable 1400 Cash May 7 > Cash 1600 Deferred Revenue May 15 Cash 2700 Service Revenue (To record cash received from customers) Berred Revenge May 17 700 Service Revenue (To record payment of salaries) Cash May 18 700 Accounts Payable May 22 Supplies 700 Accounts Payable Mar24 Advertising Expense 500 Accounts Payable May 25 Uuties Expense 400 Cash May 28 Cash 2100 Accounts Payable May 22 Supplies 700 Accounts Payable May 24 V Advertising Expense 500 Accounts Payable May 25 Utilities Expense 400 Cash May 28 Cash 2100 Service Revenue May 29 Deferred Revenue 600 Service Revenue May 30 Salaries Expense 1200 Cash May 30 No Entry 0 No Entry 0 (To record payment of salaries) Income Tax Expense May 31 150 Cash (To record payment of income tax) e Textbook and Media Assistance Used