Aracel Engineering completed the following transactions in the month of June ..Jenna Aracel, the owner, invested $100,000 cash, office equipment with a value of $5,000, and $60,000 of drafting equipment to launch the company in exchange for common stock b. The company purchased land worth $49,000 for an office by paying $6,300 cash and signing a long-term note payable for $42.700. c. The company purchased a portable building with $55,000 cash and moved it onto the land acquired in b. d. The company paid $3.000 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 $6.200 cash. The company purchased $20.000 of additional drafting equipment by paying $9.500 cash and signing a long-term note payable for g. The company completed $14.000 of engineering services for a client. This amount is to be received in 30 days. h. The company purchased $1150 of additional office equipment on credit. 1. The company completed engineering services for $22.000 on credit. j. The company received a bill for rent of equipment that was used on a recently completed job. The $1.333 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 pold $1.200 cash for wages to a drafting assistant m. The company paid $1,150 cash to settle the account payable created in transaction h n. The company pald $925 cash for minor maintenance of its drafting equipment o. The company pald a $9,480 cash dividend p. The company paid $1,200 cash for wages to a drafting assistant 4. The company paid $2500 cash for advertisements on the Web during June. 3. Prepare a trial balance as of the end of June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a trial balance as of the end of June, ARACEL ENGINEERING Trial Balance June 30 Debit Credit Mc Graw Hill Prey 1 of 1 Ne ype here to search o SC X FI 52 F3 F4 F5 F8 F7 F8 0