Assume you are the accountant for Microsoft Corporation. The following transactions occurred during the month of June 2024:

• Received $1,000,000 in cash from customers for services rendered.
• Paid $200,000 in cash for office rent.
• Purchased equipment worth $500,000 on credit.
• Paid $100,000 in cash for utilities.
• Issued common stock for $700,000 in cash.

Record these transactions in the general journal and prepare the trial balance as of June 30, 2024.