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Below are the transactions for Salukis Car Cleaning for June, the first month of operations. June 1 Obtain a loan of $59,000 from the bank

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Below are the transactions for Salukis Car Cleaning for June, the first month of operations. June 1 Obtain a loan of $59,000 from the bank by signing a note. June 2 Issue common stock in exchange for cash of $29,000. June 7 Purchase car wash equipment for $64,000 cash. June 10 Purchase cleaning supplies of $6,900 on account. June 12 Wash 390 cars for $10 each. All customers pay cash. June 16 Pay employees $790 for work performed. June 19 Pay for advertising in a local newspaper, costing $390. June 23 Wash 490 cars for $10 each on account. June 29 Pay employees $840 for work performed. June 30 A utility bill of $1,290 for the current month is paid. June 30 Pay dividends of $490 to stockholders. Requirement General Journal General Ledger Trial Balance Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 - 11). R 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. View transaction list Journal entry worksheet View transaction list Journal entry worksheet Issue common stock in exchange for cash of $29,000. Note: Enter debits before credits. Date Account Title Debit Credit June 02 Record entry Clear entry View general journal Journal entry worksheet Pay employees $790 for work performed. Note: Enter debits before credits. Date Account Title Debit Credit June 16 Record entry Clear entry View general journal Journal entry worksheet Pay for advertising in a local newspaper, costing $390. Note: Enter debits before credits. Date Account Title Debit Credit June 19 Record entry Clear entry View general journal Journal entry worksheet Wash 490 cars for $10 each on account. Note: Enter debits before credits. Date Account Title Debit Credit June 23 Record entry Clear entry View general journal Journal entry worksheet

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