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

1. Jenna Aracel, the owner, invested $235,000 cash, office equipment with a value of $5,600, and $70,000 of drafting equipment to launch the company in exchange for common stock.
2. The company purchased land worth $57,000 for an office by paying $8,300 cash and signing a long-term note payable for $48,700.
3. The company purchased a portable building with $60,000 cash and moved it onto the land acquired in b.
4. The company paid $3,000 cash for the premium on an 18-month insurance policy.
5. The company provided services to a client and collected $8,700 cash.
6. The company purchased $25,000 of additional drafting equipment by paying $10,900 cash and signing a long-term note payable for $14,100.
7. The company completed $19,000 of services for a client. This amount is to be received in 30 days.
8. The company purchased $1,300 of additional office equipment on credit.
9. The company completed $20,000 of services for a customer on credit.
10. The company purchased $1,687 of TV advertising on credit.
11. The company collected $10,000 cash in partial payment from the client described in transaction g.
12. The company paid $2,300 cash for employee wages.
13. The company paid $1,300 cash to settle the account payable created in transaction h.
14. The company paid $1,140 cash for repairs.
15. The company paid a $9,340 cash dividend.
16. The company paid $1,900 cash for employee wages.
17. The company paid $3,700 cash for advertisements on the Web during June.