Complete the following transactions in the August Journal Entries tab in your workbook

August 5- paid employee for period ending 7/31

August 8: Received payments from customers toward accounts receivable in amount of $3,800.

August 10: Paid July telephone bill.

August 15: Purchased additional baking supplies in amount of $5,000 from vendor, on account.

August 15: Paid employee wages of $480 for period ending August 15.

August 15: Paid rent on bakery space.

August 18: Received payments from customers toward accounts receivable in amount of $3,000.

August 20- paid $8500 toward baking supplies vendor payable

August 20- pay employee for period ending 8/15

August 22- $300 in misc. supplies purchased

August 31- received telephone bill for August in amount of $45. Payment is due on September 10th.

August 31- Accrue wages earned for employee for period of August 16th through August 31st

August bakery sales total $20,000. $7,500 of this total on accounts receivable.