- X Save Homework: Chapter 2 Homework Score: 0 of 2 pts P2-32A (similar to) 4 of 5 (0 complete) HW Score: 0%, 0 of 10 pts Question Help Hope Fabrication, Inc, engaged in the following business transactions during May 2016 i (Click the icon to view the transactions) Requirement 1. Journalize eac any journal entries More Info - X May 1. Borrowed $175,000 from Northern Bank. The company president signed a nole payable to the bank in the name of Hope Fabrication, Inc. Journal Entry Accounts Date Debit Credit May May 1 Borrowed $175,000 from Northern Bank The company president signed a note payable to the bank in the name of Hope Fabrication, Inc. 3 Paid $150,000 cash to purchase an office building. 6 Provided services to customers on account, $18,400. 9 Purchased $700 of office supplies on account 13 Provided services to cash customers, $10,100. 15 Paid $2 000 of dividends to company stockholders 17 Received payment on account from credit customers, S6,600. 18 Paid property tax expense on office building. $1.600. 22 Paid employee salaries, $4,100 26 Paid cash to purchase supplies, $600. 31 Paid $1,500 on account Print Done Choose from any list or enter any number in the input fields and then click Check Answer 10 pamtaining Clear All Check