Aracel Engineering completed the following transactions in the month of June a. Jonna Aracel, the owner, invested $205.000 cash, office equipment with a value of $5,100 and $75,000 of drafting equipment to launch the company b. The company purchased and worth $54000 for an office by paying $6.000 cash and signing a long-term not payable for $47.100 c. The company purchased a portable busing with $54.000 cash and moved torto the land acquired in d. The company paid $4.700 cash for the premium on an 18-month insurance policy. e. The company completed and delivered a set of plans for a client and collected $6,700 cash 1. The company purchased $26.000 of additional drafting equipment by paying 50.000 cash and signing a long term note payable for $10,100 g. The company completed $15.000 of engineering services for a client. This amount is to be received in 30 days h. The company purchased $1.500 of additional office equipment on credit The company completed engineering services for $24000 on credit 1. The company received a bill for rent of equipment that was used on a recently completed . The $1841 rent cost must be paid within 30 days k. The company collected $7.000 cash in partial payment from the client described in transaction 1. The company paid $1,700 cash for wages to a drafting assistant m. The company paid $1.500 cash to settle the account payable created in transaction n. The company paid $1.000 cash for minor maintenance of a drafting equipment 0. Jenna Aracel withdrew $10.970 cash from the company for personal p. The company paid $1 300 cash for wages to a dating assistant 4. The company paid $4.200 cash for advertisements on the Web during June Equipment Drating Fees Eamed 1021 Wages Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash 101% Accounts Receivable (106 Prepaid insurance (108 Equipment 16 Building (10) Land (172 Accounts Payabi (2011 Notes Payable (2501 Aracel, Cat Aral Withdrawal (302 Enging Expense (001): Equipment Rental Expense (0021 Advertising Expense (0031 and Repairs Expense (606) 2. Post the journal entries from part 1 to the leger accounts 3. Prepare a trial balance as of the end of June Prepare a trial balance as of the end of June. ARACEL ENGINEERING Trial Balance June 30 Debit Credit Totals $