Step Two Data (Click on the link to return to the prompt.) The following events occur in August , 2018 : August 5 : Paid employee for period ending 7/31. August 8 : Receive payments from customers towards accounts rece ivable in amount of $3 ,800. August 10 : Paid July telephone bill. August 15 : Purchase additional baking supplies in amount of $5 ,000 from vendor, on account. August 15 : Accrue wages earned for employee from period of 1 st through 15 th of August ( Wage calculations table provided below). August 15 : Pay rent on bakery space. August 18 : Receive payments from customers towards accounts receivable in am ount of $3 ,000 . August 20 : Paid $8 ,500 toward baking supplies vendor payable . August 20 : Pay employee for period ending 8/15 . August 22 : $300 in office supplies purchased . August 31 : Received telephone bill for August in amount of $75. Payment is due on September 10. August 31 : Accrue wages earned for employee for period of August 16 th through August 31 st (Wage calculations table provided below). August 31 : August bakery sales total $20,000. $7,500 of this total is on accounts receivable