80 Arcel Engineering completed the following transactions in the month of June Jenne Aracel, the owner, invested $210,000 cash, office equipment with a value of $8.800 and $60.000 of dating equipment to launch the company The company purchased land worth $50,000 for an office by paying $0.700 cash and signing a long-term note payable for $40.300 The company purchased a portable building with $55.000 cash and moved it onto the land acquired in b d. The company paid $4300 cash for the premiums on an 18-month insurance policy e. The company completed and delivered a set of plans for a client and collected $8.300 ca The company purchased $31.000 of additional drafting equipment by paying $11.200 cash and signing a $19.800 long term note payable for The company completed $16,500 of engineering services for a client. This amount is to be received in 30 dan The company purchased $2.000 of additional office equipment on credit The company completed engineering services for $22.000 on credit The company received a bill for rent of equipment that was used on a recently completed job The $1,552 rest cost must be paid within 30 days k. The company collected $5,000 cash in partial payment from the client described in transaction p The company paid $1,200 cash for wages to a drating assistan The company paid $2.000 cash to settle the account payable created in transaction h n. The company paid $150 cash for minor maintenance of its dating equipmen o. Jenna Aracel withdrew $9.220 cash from the company for personal use p. The company paid $1300 cash for wages to a drafting assista The company paid $3.900 cash for advertisements on the Web during Ju Required 1. Prepare general journal enes to record these transactions using the following les Cash not Account Receble po Insurance no Office Equipment (63) Drafting Equipment (64) Building (170) and 725 Accounts Paya 05 Notes Pay 0501 Ace Capital Go Aracel Withdrawals 02 Engineering Fees Eamed (402) Wages Expense Got Equip Expense 02 Advertising Expense 603 and Repairs Expe 2. Post the journal entries hom pants the ledger accoums 3. Prepare a tial balance as) and of June Complete this question by entering your answers in the tabs below Required L