Transactions for Sunland Company for the month of May are presented below. Prepare journal entries for each of these transactions (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) May 1 B.D. invests $3,970 cash in exchange for common stock to start his welding business, Sunland Company. 3 Buys equipment on account for $1,135. 13 Pays $365 to landlord for May rent. 21 Bills Noble Corp. $480 for welding work done. (Use Service Revenue account.)