Do these in a journal entries form and illustrate it:1. August 7. Bought supplies in account from Long Music Supplies, $
2720.00.
August 7. Received cash from sales $400.00.
August 11. Paid cash on account to Caroline office supplies $250.00.
August 11. Paid cash on account to ling Music Supplies $1360.00.
August 13. Paid cash for repairs $ 80.00
August 12. Received cash from sales, $325.00.
August 13. Paid cash for repairs $ 80.00
August 14. Paid cash to owner for personal use $100.00.
August 20. Bought supplies on account to Godwin supplies company $50.00