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Bella Construction, Inc. had the following transactions in the month of June 2020. June Transactions: 2 Bella received $65,000 cash and issued common stock to

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Bella Construction, Inc. had the following transactions in the month of June 2020. June Transactions: 2 Bella received $65,000 cash and issued common stock to the stockholders. Purchased supplies $3.500 and equipment of $32,700 on account 4 Performed construction services for a client and received $5.700 cash. Paid $2,100 cash for a 12-month insurance policy that began on June 1 7 Paid $39,000 to acquire a business truck on account 11 Paid $6,700 cash in employee salaries. 11 Performed construction services for a customer and billed the customer $6.500. Bella expects to collect within one month 17 Paid $420 cash for the telephone bill 18 Received $2,600 payment from customer on account 22 Paid $340 cash for the water and electricity bilis 23 Paid for the equipment purchased June 3. 25 Paid $6.700 cash in employee salaries. 29 29 Received $5,500 cash for repairing the pipes of a customer. Paid $3,000 cash for rent due July 5. 30 Declared and paid dividends of $3,500. Required: Prepare a separate journal entry for each transaction. Explanations are required Example: June 2 Cash 65.000 Common Stock 65,000 Issued Common Stock for Cash Investme nec

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