Chapter 2 Supplement i Saved Help Save & Exit Submit Check my work 1 Terrapin Company engages in the following external transactions for November. 3.5 points 1. Purchase equipment in exchange for cash of $22,800. 2. Provide services to customers and receive cash of $4,700. 3. Pay the current month's rent of $1,100. 4. Purchase office supplies on account for $2,000. 5. Pay employee salaries of $1,400 for the current month. eBook Hint Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment, Accounts Payable, Service Revenue, Rent Expense, and Salaries Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) References View transaction list laurolantoreboot Check my work 1 Journal entry worksheet 3.5 points Purchase equipment in exchange for cash of $22,800. eBook Hint References Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Record entry Clear entry View general journal