a. J. Aracel, the owner, invested $210,000 cash, office equipment with a value of $7,100, and $76,000 of drafting equipment to launch the company. b. The company purchased land worth $53,000 for an office by paying $8,200 cash and signing a note payable for $44,800. c. The company purchased a portable building with $55,000 cash and moved it onto the land acquired in b d. The company paid $2.900 cash for the premium on an 18-month insurance policy e. The company provided services to a client and collected $7,400 cash. f. The company purchased $25,000 of additional drafting equipment by paying $10,000 cash and signing a note payable for $15,000 g. The company completed $15,500 of services for a client. This amount is to be received in 30 days. h. The company purchased $1,250 of additional office equipment on credit The company completed $27,000 of services for a customer on crede J. The company purchased $1623 of TV advertising on credit. k. The company collected $8,000 cash in partial payment from the client described in transaction g The company paid $1.900 cash for employee wages m. The company paid $1,250 cash to settle the account payable created in transaction h n. The company paid $950 cash for repairs. a. J. Aracel withdrew $9,970 cash from the company for personal use. p. The company paid $2,100 cash for employee wages. q. The company peld $3,400 cash for advertisements on the Web during June Required: 1. Prepare general joumal entries to record these transactions using the following tibes: Cash 10% Accounts Receivable (106) Prepaid Insurance (108) Office Equipment (163); Drafting Equipment (164), Building (170) Land (172) Accounts Payable (201) Notes Payable (250) J. Aracel, Capital (301): J. Aracel, Withdrawals (302) Services Revenue (403) Wages Expense (601); Advertising Expense (603); and Repairs Expense (604) 2. Post the journal entries from part 1 to the ledger accounts 3. Prepare a trial balance as of the end of June 16 50 13 B 8 61 1 -> E 02 1 A F O 0 P + K L 1 N M v H A command " ? option