Transactions for the Ayayai Company, which provides welding services, for the month of June are presented as follows. Ayayai invests $3,000 cash in exchange for shares of common stock in a small welding business. Purchases equipment on account for $300. $700 cash is paid to landlord for June rent Bills P. Leonard $300 after completing welding work done on account June 1 2 3 12 Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit 1