Balance Sheet

Garcia Engineering completed the following transactions in the month of June. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements Sun, Jose Garcia, the owner, invested $116,000 cash, office equipment with a value of 59,eee, and $68,eee of drafting equipment to . pun. 2 The company purchased land worth $sa,eee for an office by paying $11,999 cash and signing a long-term note payable for $41,100. Jun. The company purchased a portable building with $51,eee cash and moved it onto the land acquired on June 2. Jun. 4 The company paid $5,400 cash for the premium on an 18-month insurance policy. Jun. 5 The company completed and delivered a set of plans for a client and collected 9,400 cash. Jun. The company purchased $24, see of additional drafting equipment by paying $13, se cash and signing a long-tern note payable for $11,100. pun. The company completed $20,40e of engineering services for a client. This anount is to be received in 30 days. Jun. The company purchased $1,550 of additional office equipment on credit. Jun. 9 The company completed engineering services for $23,600 on credit, Jun. 10 The company received a bill for rent of equipment that was used on a recently completed job. The $1,700 rent cost must be paid within 30 days. Jun. 12 The company collected $1,200 cash in partial payment from the client billed on June 9. Jun. 14 The company paid $1,6ee cash for wages to a drafting assistant. Jun. 17 The company paid $1,550 cash to settle the account payable created in on June 3. Jun. 20 The company paid $1,125 cash for minor maintenance of its drafting equipment. Jun. 23 Jose Garcia withdrew $9,646 cash from the company for personal use. Jun. 28 The company paid $1,600 cash for wages to a drafting assistant. Jun. 29 The company paid $2,020 cash for advertisenents on the web during June. General General Income St Owners Impact on Requirement Journal Trial Balance Balance Sheet Ledger Statement Equity Equity Using the dropdown buttons, select the financial statement elements and account titles to be included on the balance sheet. The account balances will automatically populate. Garcia Engineering Balance Sheet June 30, 2019 Assets: Cash Accounts receivable 33,800 Prepaid insurance 5:400 5 39 200 Assets: Building Office equipment Drafting equipment Total assets LLL 51.000 10.550 92.000 5 154 350