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Below are the trensuctions for Oliver Printing, Incorporsted for June, the first month of operstions. June 1 obtain a loan of $53, eae from the
Below are the trensuctions for Oliver Printing, Incorporsted for June, the first month of operstions. June 1 obtain a loan of \$53, eae from the bank by signing a note. June 2 lssue conmon stock in exchange for cash of $33, ead. June 7 Purchase car wash equipnent for \$58, ege cash. June 1B Purchase cleaning supplics of $7,3Eg on account. June 12 wash 439 cars for $19 cach. All customers pay cash. June 16 Pay cmployces $839 for wark performed. June 19 Pay for advertising in a local newspaper, costing \$430. June 23. Wash 539 cars for $19 cach on account. June 29 Pay cmployces $896 for wark performed. June 3B A utility bil1 of $1,33E for the current month is paid. June 32 Pay dividends of $539 to stockholders. Required: 1. Record esch trensection. 2 \& 3. Post esch transaction to the appropriate T-accounts and calculate the bolance of each account. 4. Prepsre a trial belance for June. Complete this question by entering your answers in the tabs below
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