1	Hannah transferred cash from a personal bank account to an account to be used for the business, $48,000.
	1	Paid rent for period of June 1 to end of month, $6,510.
	6	Purchased office equipment on account, $19,340.
	8	Purchased a van for $39,100 paying $6,200 cash and giving a note payable for the remainder.
	10	Purchased supplies for cash, $3,260.
	12	Received cash for job completed, $16,730.
	15	Paid annual premiums on property and casualty insurance, $4,940.
	23	Recorded jobs completed on account and sent invoices to customers, $16,320.
	24	Received an invoice for van expenses, to be paid in July, $2,060.

Enter the following transactions on Page 2 of the two-column journal:

June	29	Paid utilities expense, $4,250.
	29	Paid miscellaneous expenses, $1,300.
	30	Received cash from customers on account, $10,050.
	30	Paid wages of employees, $6,950.
	30	Paid creditor a portion of the amount owed for equipment purchased on June 6, $9,360.
	30	Withdrew cash for personal use, $2,200.

	Required:
1.	Journalize each transaction in a two-column journal beginning on Page 1, referring to the chart of accounts in selecting the accounts to be debited and credited. (Do not insert the post reference numbers until you have posted the entry to the general ledger in part 2.) CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.
2.	Post (in chronological order) the journal to a ledger of four-column accounts, inserting appropriate posting references in both the journal and the ledger as each item is posted. Extend the balances to the appropriate balance columns after each transaction is posted. Record DATE, POST. REF., a debit or credit and a debit or credit under BALANCE on every line. In CNOW, Journal pages do not begin with J. For example journal page 10 POST. REF. is simply 10. If the ending balance is $0, at least one balance amount should be $0.
3.	Prepare an unadjusted trial balance for Whitworth Designs as of June 30, 20Y6.
4.	Determine the excess of revenues over expenses for June.
5.	Can you think of any reason why the amount determined in (4) might not be the net income for June?