The following transactions occurred for Weld Technology Solutions: (Click the icon to view the transactions.) (Click the icon to view the journal entries.) Read the requirement. Post the journal entries to the four-column accounts, and determine the balance in the account after each transaction. Assume that the journal entries were recorded on page 10 of the journal. Make sure to complete the Post. Ref. columns in the journal and ledger. (Compute the new balance for each account after posting the transaction.) We will post to the accounts one transaction at a time. Begin by posting the events from the 1st. May 1: The business received cash of $90,000 and gave capital to Zeke Weld. (We will post to the accounts one transaction at a time. Post only the transaction from May 1 in this step.) CASH Date May 1 Weld, Capital Date May 1 Item Item Post. Ref. Post. Ref. Debit Debit Credit Credit Debit Debit Account No. 110 Balance Credit Account No. 310 Balance Credit More info May 1 May 2 May 4 May 6 May 9 May 17 May 19 May 20 May 21 May 23 May 31 The business received cash of $90,000 and gave capital to Zeke Weld. Purchased office supplies on account, $650. Paid $57,000 cash for building and land. The building had a fair market value of $50,000. Performed services for customers and received cash, $3,400. Paid $500 on accounts payable. Performed services for customers on account, $3,300. Paid rent expense for the month, $800. Received $1,300 from customers for services to be performed next month. Paid $500 for advertising in next month's IT Technology magazine. Received $2,700 cash on account from a customer. Incurred and paid salaries, $1,000. May 9 May 1 May 2 May 4 May 6 Date May 17 May 19 May 20 May 21 May 23 May 31 Cash Accounts and Explanation Weld, Capital Owner contribution Office Supplies Accounts Payable Purchased office supplies on account. Land Building Cash Paid cash for building and land Cash Service Revenue Performed services and received cash. Accounts Payable Cash Paid cash on account. Accounts Receivable Service Revenue Performed services on account. Rent Expense Cash Paid cash expenses. Cash Unearned Revenue Collected cash for future services. Prepaid Advertising Cash Paid advertising in advance. Cash Accounts Receivable Received cash on account. Salaries Expense Cash Print Done Debit 90,000 7,000 50,000 3,400 650 500 3.300 800 1,300 500 2,700 1,000 Credit 90,000 650 57,000 3,400 500 3,300 800 1,300 500 2,700 1,000 Requirement The following four-column accounts have been opened for you utilizing the following account numbers: Cash, 110; Accounts Receivable, 120; Office Supplies, 130; Prepaid Advertising, 140; Land, 150; Building, 160; Accounts Payable, 210; Unearned Revenue, 220; Weld, Capital, 310; Service Revenue, 410; Rent Expense, 510; and Salaries Expense, 520. Post the journal entries to the four-column accounts, and determine the balance in the account after each transaction. Assume that the journal entries were recorded on page 10 of the journal. Make sure to complete the Post. Ref. columns in the journal and ledger. (Compute the new balance for each account after posting the transaction.) Print X - Done Deb