AD Enterprise was established in June 2023. During the first month of the operation of the business, these events and transactions occurred: 

June 1 Mr. AD invested $100,000 cash in exchange into the business. 

June 2 Purchased a used car for $15,000 cash for use in business.

 June 3 Rented office premises paying $10,500 cash. 

June 4 Purchased office supplies on account for ACD Ltd $5800.

 June 7 Purchased inventories from NPP Ltd worth $38,000 on credit. 

June10 Sold inventories worth $12,000 to a client for $15,000 on account. 

June17 Paid insurance $700 cash. 

June20 Paid salary $1000 by cash. 

June 30 Paid ACD Ltd. 

Required: Record each transaction in the appropriate columns of your worksheet for the first month of operation of AD Enterprise.