text Na Mohammad Juba te the work and poses and the ever be made avail at the work inch abide by the and spel Tarikh #: 22011583 darabrea (aestion Three: 12pts payable Selected transactions for MENA Financial Consulting Company in its first month of business, are shown below 1. May 1 Shareholders invested $50.000 cash in the company 2. May 1 Hired two employees, they will each be paid a salary of $2,500 per month 3. May 3Purchased equipment casting $10,000 Taids 0.000, theremaining on es 4. May 5 Paid $1.800 cash for a one-year insurance policy 5. May 7 Purchased office supplies for $1500 on account 6. May 9 Provided services to customer for $20,000, recived $8,000 to the remaining on account. 7. May 15 Paid $1,000 to suppliers for accounts payable due 8. May 18 Collected 25% from customers of accounts receivabilo from May", 9. May 28 Paid the monthly rent $2.000, Utility bills for $200 and Salaries $5.000, 10. May 31 Paid $10,000 of notes payable due Instructions: 1. Prepare general journal entries to record these transactions Debit Credit Debit Date Date Credit Account Title Account Title