Aracel Engineering completed the following transactions in the month of June.

a$.$ J$.$ Aracel, the owner, invested $$175,000$ cash, office equipment with a value of $$5,700,$ and $$61,000$ of drafting equipment to

launch the company.

b$.$ The company purchased land worth $$54,000$ for an office by paying $$6,600$ cash and signing a note payable for $$47,400.$

c$.$ The company purchased a portable building with $$53,000$ cash and moved it onto the land acquired in $b.$

d$.$ The company paid $$2,200$ cash for the premium on an $18-$month insurance policy.

e$.$ The company provided services to a client and collected $$6,400$ cash.

f$.$ The company purchased $$27,000$ of additional drafting equipment by paying $$11,300$ cash and signing a note payable for

$$15,700.$

g$.$ The company completed $$14,500$ of services for a client. This amount is to be received in $30$ days.

h$.$ The company purchased $$1,200$ of additional office equipment on credit.

i$.$ The company completed $$22,000$ of services for a customer on credit.

j$.$ The company purchased $$1,579$ 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 $$1,500$ cash for employee wages.

m$.$ The company paid $$1,200$ cash to settle the account payable created in transaction $h.$

n$.$ The company paid $$935$ cash for repairs.

o$.$ J$.$ Aracel withdrew $$10,640$ cash from the company for personal use.

p$.$ The company paid $$1,700$ cash for employee wages.

q$.$ The company paid $$4,200$ cash for advertisements on the Web during June.

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