a. J. Aracel, the owner, invested $205,000 cash, office equipment with a value of $9,400, and $66,000 of drafting equipment to launch the company in exchange for common stock. b. The company purchased land worth $59,000 for an office by paying $7,300 cash and signing a note payable for $51,700. c. The company purchased a portable building with $60,000 cash and moved it onto the land acquired in b. d. The company paid $3,800 cash for the premium on an 18-month insurance policy. e. The company provided services to a client and collected $6,600 cash. f. The company purchased $23,000 of additional drafting equipment by paying $9,600 cash and signing a note payable for $13,400 g. The company completed $14,000 of services for a client. This amount is to be received in 30 days. h. The company purchased $1,450 of additional office equipment on credit. i. The company completed $28,000 of services for a customer on credit. j. The company purchased $1,415 of TV advertising on credit. k. The company collected $10,000 cash in partial payment from the client described in transaction g. I. The company paid $2,100 cash for employee wages. m. The company paid $1,450 cash to settle the account payable created in transaction h. n. The company paid $1,135 cash for repairs. o. The company paid a $9,060 cash dividend. p. The company paid $1,200 cash for employee wages. q. The company paid $4,500 cash for advertisements on the Web during June.

a. J. Aracel, the owner, invested $205,000 cash, office equipment with a value of $9,400, and $66,000 of drafting equipment to launch the company in exchange for common stock. b. The company purchased land worth $59,000 for an office by paying $7,300 cash and signing a note payable for $51,700. c. The company purchased a portable building with $60,000 cash and moved it onto the land acquired in b. d. The company paid $3,800 cash for the premium on an 18 -month insurance policy. e. The company provided services to a client and collected $6,600 cash. f. The company purchased $23,000 of additional drafting equipment by paying $9,600 cash and signing a note payable for $13,400 g. The company completed $14,000 of services for a client. This amount is to be received in 30 days. h. The companypurchased $1,450 of additional office equipment on credit. i. The company completed $28,000 of services for a customer on credit. j. The company purchased $1,415 of TV advertising on credit. k. The company collected $10,000 cash in partial payment from the client described in transaction g. 1. The company paid $2,100 cash for employee wages. m. The company paid $1,450 cash to settle the account payable created in transaction h. n. The company paid $1,135 cash for repairs. o. The company paid a $9,060 cash dividend. p. The company paid $1,200 cash for employee wages. q. The company paid $4,500 cash for advertisements on the Web during June. \begin{tabular}{|l|l|l|l|} \hline \multirow{2}{*}{ Transaction } & \multicolumn{3}{|c|}{ 604: Repairs Expense } \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} a. J. Aracel, the owner, invested $205,000 cash, office equipment with a value of $9,400, and $66,000 of drafting equipment to launch the company in exchange for common stock. b. The company purchased land worth $59,000 for an office by paying $7,300 cash and signing a note payable for $51,700. c. The company purchased a portable building with $60,000 cash and moved it onto the land acquired in b. d. The company paid $3,800 cash for the premium on an 18 -month insurance policy. e. The company provided services to a client and collected $6,600 cash. f. The company purchased $23,000 of additional drafting equipment by paying $9,600 cash and signing a note payable for $13,400 g. The company completed $14,000 of services for a client. This amount is to be received in 30 days. h. The companypurchased $1,450 of additional office equipment on credit. i. The company completed $28,000 of services for a customer on credit. j. The company purchased $1,415 of TV advertising on credit. k. The company collected $10,000 cash in partial payment from the client described in transaction g. 1. The company paid $2,100 cash for employee wages. m. The company paid $1,450 cash to settle the account payable created in transaction h. n. The company paid $1,135 cash for repairs. o. The company paid a $9,060 cash dividend. p. The company paid $1,200 cash for employee wages. q. The company paid $4,500 cash for advertisements on the Web during June. \begin{tabular}{|l|l|l|l|} \hline \multirow{2}{*}{ Transaction } & \multicolumn{3}{|c|}{ 604: Repairs Expense } \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular}