Note: This homework assignment accounts for 5 points. No point will be given when (1) it is incomplete or past due, (2) most of your work is incorrect, or (3) answers are not specified. One or more points will be deducted if the instruction is not followed or part of the answers or work provided is incorrect. Instruction: Extra Clean Co. completed the following TEN transactions during May 2019, its first month of operation. Assume that the company makes adjustments at the end of every month. Record these transactions in general journal entry form. Style conventions for journalizing must be followed. For example, date is entered first for each transaction and do not abbreviate account titles. Explanations of transactions are not required. Please use correct and complete account titles. Otherwise, points will be deducted. May 1 Purchase equipment costing $84,000 by issuing a one-year note with a stated interest rate of 10% per year. The interest and principal will be paid on the maturity date (4/30/2020). 3 Prepaid $3,600 cash for three-month rent (from 5/1/ 2019 to 7/31/2019). 8 Provided cleaning services of $ 5,400 for $1,800 cash and the remainder on account. 15 Purchased $ 4,100 of cleaning supplies on account. 19 Collected $2,200 cash from accounts receivable 25 Received $2,500 cash in advance for services to be performed in the future. 31 Adjusted for May rent expense (see May 3). 31 Accrued unpaid May salaries of $ 7,200. 31 Accrued unpaid May interest on the note (see the transaction on May 1). 31 Counted supplies and determined that $1,500 of supplies (purchased on May 15) remain on hand at the end of May. Adjusted for supplies expense.

here is the format:

ACTG 321 Assigned HW 1 Name: Date Account Titles Debit Credit