4-5B (Static) Record transactions, post to the Cash T-account, and prepare the statement of cash flows (LO4-7) Peter loves dogs and cats. For the past several years, he has owned and operated Homeward Bound, which temporarily houses pets while their owners go on vacation. For the month of June, the company has the following transactions: 1. June 02 Obtain cash by borrowing $19,000 from the bank by signing a note. 2. June 03 Pay rent for the current month, $1,200. 3. June 07 4. June 11 5. June 17 6. June 22 7. June 25 Provide services to customers, $5,200 for cash and $3,500 on account. Purchase cages and equipment necessary to maintain the animals, $8,400 cash. Pay employees' salaries for the first half of the month, $6,500. Pay dividends to stockholders, $1,550. Receive cash in advance from a customer who wants to house his two dogs (Chance and Shadow) and cat (Sassy) while he goes on vacation the month of July, $2,100. 8. June 28 Pay utilities for the month, $3,300. 9. June 30 Record salaries earned by employees for the second half of the month, $6,500. Payment will be made on July Required: 2. 1. Record each transaction. 2. Identify the transactions involving cash. 3. Assuming the balance of cash at the beginning of June is $14,700, post each cash transaction to the Cash T-account. 4. Prepare a statement of cash flows for the month of June, properly classifying each of the cash transactions into operating, investing. and financing activities. Assume that the balance of cash at the beginning of June is $14,700. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list