opter 6 Elasticity . EC ay D Chapter Duomework As x0 Solved lake owns a 'r( Not secure l eztonleducation.com/hm.tpx oter 2 Homework Assignment-Week 1 Questions 5-6fof 6 /The folowing information applies to the questions displayed bolow] Jake owns a lawn maintenance compan y and Luke owns a machine repair shop For the month of July, the following transactions occurred July 3 Jake provides lawn services to Luke's repeir shop on account, $400 July 6 One of July 9 Luke pays $400 to Jake for lawn services provided on July 3 Jake's mowers malfunctions Luke provides repair services to Jake on account $350 Luke borrows $500 from Jake by signing a note July 18 Jake purchases advertising in a local newspaper for the remainder of July and pays cash, $10o July 20 Jake pays $350 to Luke for services provided on July 6 July 27 Luke performs repair services for other customers for cash, $700 July 30 Luke pays employee salaries for the month, $200 July 31 Luke pays $500 to Jake for money borrowed on July 14 15.00 points Required: 1. Record each transaction for Luke's Repair Shop. (If no entry is required for a transactionievent, select "No journal entry required" In View transaction list Journal entry worksheet