1 Ken Stone launched a new business, Kens Maintenance Co. that began operations on June 1. The following transactions were completed by the company during that first month: June 1 K. Stone invested $120,000 cash in the business. 2 Rented a furnished office and paid $4,500 cash for Junes rent. 4. Purchased $2,400 of equipment on credit. 6. Paid $1,125 cash for the next weeks advertising of the opening of the business. 8. Completed maintenance service for a customer and immediately collected $750 cash. 14. Completed $6,300 of maintenance service for First Union Center on credit. 16. Paid $900 cash for an assistants salary for the first half of the month. 20. Received $6,300 cash payment for services completed for First Union Center on June 14. 21. Completed $3,500 of maintenance services for Skyway Co. on credit 24. Completed $825 of maintenance service for Comfort Motel on credit. 25. Received $3,500 cash payment from skyway Co. for the work completed on June 21. 26. Made payment of $2,400 cash for the equipment purchased on June 4. 28. Paid $900cash for an assistants salary for the second half of this month. 29. K. Stone withdrew $2,000 cash for personal use. 30. Paid $120 cash for this months telephone bill. 30. Paid $525 cash for this months utilities. A partial list of account titles used includes: Cash; Accounts Receivable; Equipment; Accounts Payable; K. Stone Capital. Required a. Prepare journal entries for each transaction. b. Post each transaction to the appropriate ledger accounts (use T format) c. Prepare a trial balance dated June 30, 2012