Calc Hournal Entries, Trial Balance and Financial Statements (Appendix) Neveranerrer Inc. was organized on June 2 by a group of accountants to provide accounting and tax services to small business. The following action occurred during the first month of Required: 1. Prepare journal entries on the booles of Neveranerror Inc. to record the transactions entered into during the month. Ignore depreciation and response Indicate the effect on financial statement items by electing for decrease or negative effect), *-* for create (or pestive effect) and We for No Erry (or no effect on the financial statement June 2. Received contributions of $11,250 from each of the three owners of the business in exchange for shares of stock Journal Balance sheet Net Date pes Reven Equity Credit Debit Description Assets hina June 2 June 5: Purchased a computer system for $12.100. The agreement with the vendore downtower the band in 6 days Journal Stockholders Equity Revenues Expenses Liabilities Assets Credit Debit Description Date Dunes