Record the following journal entries. Enter the Date listed for each transaction (you may use the “ + ” key to advance the date or use the calendar icon next to the field to select the date from a calendar). Enter “Memo” into the Source text box for each transaction or accept Peachtree’s additional number added to memo by pressing TAB: LO.1

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2001 Jun. 1 Juan Valdez invested $7,000 cash in the real estate agency along with 1 1 $3,000 in office equipment. Rented office space and paid three months' rent in advance, $2,100. Bought an automobile on account, $12,000. 4 Purchased office supplies for cash, $300. 5 6 Purchased additional office supplies on account, $150. Sold a house and collected a $6,000 commission. 8 Pald gas bill, $22. 15 17 Paid the salary of the office secretary. $350. Sold a building lot and earned a commission, $6,500. Expected receipt 7/8/01. 20 Juan Valdez withdrew $1,000 from the business to pay personal 21 22 expenses. Sold a house and collected a $3,500 commission. Paid gas bill, $25.