South Shore Manufacturing manufactures face masks. The following transactions occurred for the month of August 2020. August 2 August 5 August 12 Paid employee salaries relating to work performed in July 2020 of $3,500 Received $65,000 from customers invoiced for purchases they made in July 2020. Purchased a new delivery truck for $35,000, paying a $25,000 cash deposit with the balance to be paid in October 2020. August 26 August 31 Paid $5,000 for factory cleaning costs Purchased a 12-month insurance policy for $10,000 to insure the factory building for the period 1 September 2020 to 31 August 2021. Required: Prepare the general journal entries to record the above transactions for the month of August. Narrations ARE required. (8 marks)