Current Attempt in Progress Transactions for Sandhill L.td, for the month of June, its first month of operations, are presented below: June 1 Issued common shares to shareholders in exchange for $3,000cash. 4 Purchased supplies on account for $200. 7 Billed L. Kronsnoble $500 for welding work done. 18 Received partial payment of $250 from J. Kronsnoble for work billed on June 7. 25 Hired a new employee to start work on July 3. 27 Received cash of \$200 from Liu Controls Ltd, as a deposit for welding work to be done in July. 28 Paid for supplies purchased on June 4. 29 Paid $150 for monthly income taxinstalment