BA 221 - FINANCIAL ACCOUNTING JOURNAL ENTRIES 05.06.2019: Paid in cash rent of $ 12.000 in advance for the next 10 months. 07.06.2019 Paid $1,000 for electricity and water. 10.06.2019: Purchased supplies of $ 15,000 and paid $5,000. The remaining balance is on account 12.06.2019: Provided service for MNO company for $ 20,000 on account. 15.06.2019: Paid salaries $ 2,500 to secretary. 20.06.2019: Collected $ 20.000 from MNO company. 25.06.2019: Collected $ 15,000 from Mr. James for a service to be completed next month. 30.06.2019: Monthly insurance of $200 for the company's car is purchased and paid. COMPANY WHITE (Service Company) A. Journalize the following transactions and prepare the T-accounts. At 01.06.2019 the company has beginning cash $23.000, vehicles $30.000 and capital S 53.000. B. Prepare the TRIAL BALANCE as resulted from the previous transactions. C. Prepare the Statement of Financial Position and Income Statement