Below are the transactions for Tesch Car Cleaning for June, the first month of operations.

June $1$ Obtain a loan of $$68,000$ from the bank by signing a note.

June $2$ Issue common stock in exchange for cash of $$38,000.$

June $7$ Purchase car wash equipment for $$73,000$ cash.

June $10$ Purchase cleaning supplies of $$7,800$ on account.

June $12$ Wash $480$ cars for $$10$ each. All customers pay cash.

June $16$ Pay employees $$880$ for work performed.

June $19$ Pay for advertising in a local newspaper, costing $$480.$

June $23$ Wash $580$ cars for $$10$ each on account.

June $29$ Pay employees $$930$ for work performed.

June $30$ A utility bill of $$1,380$ for the current month is paid.

June $30$ Pay dividends of $$580$ to stockholders.

Required:

$1.$ 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.