\begin{tabular}{|c|c|l|} \hline June & 1 & M. DeFond irvested $24,000 cash to begin the business in exchange for common stock. \\ \hline 2 & Paid $1,900 cash for June rent. Hint: Record rent expense on June 2. \\ \hline 3 & Purchased $12,800 of office equipment on credit. \\ \hline 6 & Purchased $7,600 of art materials and other supplies; the company paid $3,600 cash with the remainder due within 30 days. \\ \hline 11 & Billed clients $9,400 for services rendered. \\ \hline 17 & Collected $6,500 cash from clients on their accounts billed on June 11. \\ \hline 19 & Paid $6,000 cash toward the account for office equipment (see june 3). \\ \hline 25 & Paid $1,800 cash for dividends. \\ \hline 30 & Paid $700 cash for June utilities. \\ \hline 30 & Paid $5,000 cash for June wages. \\ \hline \end{tabular} Prepare a journal entry for each transaction. (Record each transaction in the order it appears.) Create a T-account for each account, and then post the journal entries to the T-accounts. \begin{tabular}{|c|c|l|} \hline June & 1 & M. DeFond irvested $24,000 cash to begin the business in exchange for common stock. \\ \hline 2 & Paid $1,900 cash for June rent. Hint: Record rent expense on June 2. \\ \hline 3 & Purchased $12,800 of office equipment on credit. \\ \hline 6 & Purchased $7,600 of art materials and other supplies; the company paid $3,600 cash with the remainder due within 30 days. \\ \hline 11 & Billed clients $9,400 for services rendered. \\ \hline 17 & Collected $6,500 cash from clients on their accounts billed on June 11. \\ \hline 19 & Paid $6,000 cash toward the account for office equipment (see june 3). \\ \hline 25 & Paid $1,800 cash for dividends. \\ \hline 30 & Paid $700 cash for June utilities. \\ \hline 30 & Paid $5,000 cash for June wages. \\ \hline \end{tabular} Prepare a journal entry for each transaction. (Record each transaction in the order it appears.) Create a T-account for each account, and then post the journal entries to the T-accounts