The following transactions occurred for Webb Technology Solutions: (Click the icon to view the transactions.) Read the requirement.(Record debits first, then credits. Select the explanation on the last line of the journal entry table. i More Info May 1: The business received cash of $120,000 and issued common stock to Zachary Webb. Date Accounts and Explanation Debit Credit May 1 May 1 The business received cash of $120,000 and issued common stock to Zachary Webb 2 Purchased office supplies on account, $300. 4 Paid $48,000 cash for building and land. The building had a fair market value of $43,000. 6 Performed services for customers and received cash, $3,200. 9 Paid $100 on accounts payable. 17 Performed services for customers on account, $3,300. 19 Paid rent expense for the month $1,300. 20 Received $1,900 from customers for services to be performed next month. 21 Paid $1,100 for advertising in next month's IT Technology magazine, 23 Received $2,800 cash on account from a customer. 31 Incurred and paid salaries, $1,900. Print Done Choose from anu list or enter + field and then clickCheck Anewer