The May transactions of Cheyenne Corp. were as follows. May 4 Paid $760 due for supplies previously purchased on account. 7 Performed advisory services on account for $7,370. 8 Purchased supplies for $900 on account. 9 Purchased equipment for $2,030 in cash. 17 Paid employees $590 in cash. 22 Received bill for equipment repairs of $830. 29 Paid $1,250 for 12 months of insurance policy. Coverage begins June 1. Date Account Titles and Explanation Debit May 4 Accounts Payable May 7 Accounts Receivable May 8 Supplies Accounts Payable May 9 V Equipment Cash May 17 Salaries and Wages Expense Cash May 22 Maintenance and Repairs Expense May 29 Prepaid Insurance Cash Debit Credit ho