The transactions of the Grouper Delivery Service for the month of May, 2022 are recorded in the general journal below. Date Account Titles and Explanation 2022 May 1 Cash Common Stock (Stockholders invested cash in business) 4 Equipment Cash Notes Payable (Paid cash and issued 2-year, 6%, note for delivery trucks) 8 Rent Expense Cash (Paid May rent) 15 Prepaid Insurance Cash (Paid one-year liability insurance) 18 Cash Service Revenue (Received cash for delivery services) 20 Salaries and Wages Expense Cash Debit Credit 31,000 31,000 68,000 6,000 62,000 1,250 1,250 1,400 1,400 4,000 4,000 600 600