2.Danielle Dog is the sole stockholder in Dog, the Beauty Hunter, Inc., a modeling agency.Below are transactions which occurred in the operation of the company during the month of June.Record each transaction on the worksheet that has been supplied for this purpose, including entries in the description column for any amounts entered into Retained Earnings.There is no need to total all of the columns.

oJune 2Purchased equipment at a cost of $12,000, making a cash

down payment of $3,000 and obtaining a bank loan for the rest.

oJune 10Performed services for a client on account, $10,000.

oJune 20Made a payment on account, $400

oJune 24Received payment from a client on account for services previously

provided, $5,000

oJune 27Paid $1,200 to the bank.Of that amount, $1,000 was a repayment

of the loan and $200 was interest.

oJune 28Paid salaries for June, $8,000

oJune 30Paid a dividend, $5,000

Assets Date Cash Accounts = Liabilities + Stockholders' Equity Equipment Bank loan Receivable Capital Retained payable Stock Earnings Description 6/2 3,000 0 12,000 9,000 0 3,000 6/10 10,000 0 0 0 0 0 6/20 400 6/24 5,000 6/27 1,000 200 6/28 -8,000 6/30 -5,000 -5,000