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11. Received utility bals in the amount of $500, to be paid next month. 12. Paid the monthly salarles of the two employees, totaline $5,800. (a) Your anwwer is partially ecerect. Prepare joumal entries to record each of the events listed, aht all debit entries before condit eneriec Crefit occount tities are dutomaticolly indented when amount is entered. Do not indent manually. Y no entry is required, ielect "No Entry" for the eccount eilles and enter ofor the amounts) Coronado Services was formed on M.ry 1.2022. The following transactions took place during the feut inenth Trantactions on Mary 1 1. Jay Bradiend invented $39,000 cash in the comparma, as ias sole owner. 2. Hired two enploves to work in the warehouse. Ther will each be paid a salary of $2900 per inonth 3. Signed a 2 -pear rental agreeinent on a warchouse, paid $21.000 cawh in advance for the firs year. 4. Rurchased furniture and equipment costinin 531,500 A cash pryment of $12,000 was made immediately the remainder will 5. Paid $1,A00cash for a one-vear insurance policron the fuenture and equiament Transactions durine the remainder of the imonth: 6. Parchued basic office wpplies tor ssop cash. a. Total rewoums earned were $19,50057,500 cashand 312000 on account: 9. Paid $300 to wppliers for accounts payabie due. 10. Recelued 53,400 trem customers in payment of accounti receivabie 11. Recelved ulity balls in the amount of 5900 , to be pald nest wonth

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