Sunland Services was formed on May $1,2025.$ The following transactions took place during the first month $($amounts in thousands$).$

Transactions on May $1$:

$1.$Anthony Walker invested $38,000$ cash in the company in exchange for ordinary shares.

$2.$Hired two employees to work in the warehouse. They will each be paid a salary of $2,898$ per month.

$3.$Signed a $2-$year rental agreement on a warehouse; paid $19,000$ cash in advance for the first year.

$4.$Purchased furniture and equipment costing $28,500.$ A cash payment of $9,500$ was made immediately; the remainder will be paid in $6$ months.

$5.$Paid $2,280$ cash for a one$-$year insurance policy on the furniture and equipment.

Transactions during the remainder of the month:

$6.$ Purchased basic office supplies for $399$ cash.

$7.$ Purchased more office supplies for $1,425$ on account.

$8.$ Total revenues earned were $19,000-7,600$ cash and $11,400$ on account.

$9.$ Paid $380$ to suppliers for accounts payable due.

$10.$ Received $2,850$ from customers in payment of accounts receivable.

$11.$ Received utility bills in the amount of $361,$ to be paid next month.

$12.$ Paid the monthly salaries of the

two employees, totaling $5,796.$

Prepare journal entries to record each of the events listed.