Terrapin Company engages in the following external transactions for November 1. Purchase equipment in exchange for cash of $22.200. 2. Provide services to customers and receive cash of $4,500. 3. Pay the current month's rent of $1,400. 4. Purchase office supplies on account for $1,000 5. Pay employee salaries of $1,500 for the current month Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment, Accounts Payable, Service Revenue, Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet

Purchase equipment in exchange for cash of $22,200.