a. Jenna Aracel, the owner, invested $170,000 cash, office equipment with a value of $9,800, and $64,000 of drafting equipment to launch the company in exchange for common stock. b. The company purchased land worth $56,000 for an office by paying $8,300 cash and signing a long-term note payable for $47,700. c. The company purchased a portable building with $60,000 cash and moved it onto the land acquired in b. d. The company paid $4,500 cash for the premium on an 18 -month insurance policy. e. The company provided services to a client and collected $6,800 cash. f. The company purchased $31,000 of additional drafting equipment by paying $10,600 cash and signing a long-term note payable for $20,400. g. The company completed $19,000 of services for a client. This amount is to be received in 30 days. h. The company purchased $1,650 of additional office equipment on credit. i. The company completed $23,000 of services for a customer on credit. j. The company purchased $1,387 of TV advertising on credit. k. The company collected $8,000 cash in partial payment from the client described in transaction g. I. The company paid $1,800 cash for employee wages. m. The company paid $1,650 cash to settle the account payable created in transaction h. n. The company paid $1,045 cash for repairs. o. The company paid a $9,690 cash dividend. p. The company paid $1,200 cash for employee wages. q. The company paid $4,300 cash for advertisements on the Web during June. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108); Office Equipment (163); Drafting Equipment (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); 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. Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108); Office Equipment (163); Drafting Equipment (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Services Revenue (403); Wages Expense (601); Advertising Expense (603); and Repairs Expense (604)