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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 $66,000 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 $66,000 from the bank by signing a note. June 2 Issue common stock in exchange for cash of $36,000. June 7 Purchase car wash equipment for $71,000 cash. June 10 Purchase cleaning supplies of $7,600 on account. June 12 Wash 460 cars for $10 each. All customers pay cash. June 16 Pay employees $860 for work performed. June 19 Pay for advertising in a local newspaper, costing $460 June 23 Wash 560 cars for $10 each on account. June 29 Pay employees $910 for work performed. June 30 A utility bill of $1,360 for the current month is paid. June 30 Pay dividends of $560 to stockholders 1. Record each transaction 2. & 3. Post each transaction to the appropriate T-accounts and calculate the balance of each account. 4. Prepare a trial balance for June 6 words English (United States)

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