The following transactions occurred for Webb Technology Solutions: i (Click the icon to view the transactions.) (Click the icon to view the journal entries.) Read the requirement. L. More Info May 1: The business received cash of $70,000 and issued common stock to Zeke Webb. CASH Account No. 110 May 1 Balance Date Item Post. Ref. Debit Credit Debit Credit May 2 May 4 May 1 COMMON STOCK Account No. 310 May 6 May 9 May 17 May 19 May 20 The business received cash of $70,000 and issued common stock to Zeke Webb Purchased office supplies on account, $350. Paid $63,000 cash for building and land. The building had a fair market value of $51,000. Performed services for customers and received cash, $3,300. Paid $100 on accounts payable. Performed services for customers on account, $3,200. Paid rent expense for the month, $600. Received $1,100 from customers for services to be performed next month. Paid $800 for advertising in next month's IT Technology magazine Received $2,600 cash on account from a customer. Incurred and paid salaries, $1,700. Balance Date Item Post. Ref. Debit Credit Debit Credit May 1 May 21 May 23 May 31 Print Done