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

a$.$ J$.$ Aracel, the owner, invested $$200,000$ cash, office equipment with a value of $$8,100,$ and $$61,000$ of drafting equipment to launch the company.

b$.$ The company purchased land worth $$55,000$ for an office by paying $$9,800$ cash and signing a note payable for $$45,200.$

c$.$ The company purchased a portable building with $$54,000$ cash and moved it onto the land acquired in $b.$

d$.$ The company paid $$3,600$ cash for the premium on an $18-$month insurance policy.

e$.$ The company provided services to a client and collected $$8,300$ cash.

f$.$ The company purchased $$33,000$ of additional drafting equipment by paying $$10,700$ cash and signing a note payable for $$22,300.$

g$.$ The company completed $$19,500$ of services for a client. This amount is to be received in $30$ days.

h$.$ The company purchased $$1,800$ of additional office equipment on credit.

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

j$.$ The company purchased $$1,438$ of TV advertising on credit.

k$.$ The company collected $$7,000$ cash in partial payment from the client described in transaction $g.$

I. The company paid $$1,300$ cash for employee wages.

$m.$ The company paid $$1,800$ cash to settle the account payable created in transaction $h.$

n$.$ The company paid $$1,115$ cast for repairs.

o$.$ J$.$ Aracel withdrew $$10,280$ cash from the company for personal use.

p$.$ The company paid $$1,400$ cash for employee wages.

q$.$ The company paid $$4,000$ cash for advertisements on the Web during June.

Required:

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 $(250)$; J$.$ Aracel, Capital $(301)$; J$.$ Aracel, Withdrawals $(302)$; Services Revenue $(403)$; Wages Expense $(601)$; Advertising Expense $(603)$; and Repairs Expense $(604).$

Post the journal entries from part $1$ to the ledger accounts.

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 $(250)$; J$.$ Aracel, Capital $(301)$; J$.$ Aracel, Withdrawals $(302)$; Services Revenue $(403)$; Wages Expense $(601)$; Advertising Expense $(603)$; and Repairs Expense $(604).$

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Journal entry worksheet

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Aracel, the owner, invested $$200,000$ cash, office equipment with a value of $$8,100,$ and $$61,000$ of drafting equipment to launch the company.

Note: Enter debits before credits.

$\backslash$table$[[$Tranasaction$,$Account Title,Debit,Credit$],[$a$,,,]$