Exercise 10: (1.000VND omitted) Shelton Engineering completed the following transactions in the month of J1me: a. Shana Shelton, the owner, invested 105,000 cash in bank, office equipment with a value of 6,000, and 45,000 of drafting equipment to launch the company. b. The company purchased land-using rights worth 54,000 for an office by paying 5,400 cash in bank and signing a long term borrowing contract for 48,600. c. The company purchased a portable building with 75,000 cash in bank and moved it onto the land acquired in b. d. The company paid 6,000 cash for the premium on an 18-month insurance policy. e. The company completed and delivered a set of plans for a client and collected 5,700 cash on hand. f. The company purchased 22,500 of additional drafting equipment by paying 10,500 cash in bank and signed a long-term borrowing contract for 12,000. g. The company completed 12,000 of engineering services for a client. This amount is to be received in 30 days. h. The company purchased 2,250 of additional office equipment on credit. 1. The company completed engineering services for 18,000 on credit. j. The company received a bill for rent of equipment that was used on a recently completed job. The amount of 1,200 rent cost must be paid within 30 days. k. The company collected 7,200 cash on hand partial payment from the client described in transaction g. l. The company paid 1,500 cash on hand for wages to a drafting assistant. m. The company paid 2,250 cash in bank to settle the account payable created in transaction h. n. The company paid 675 cash on hand for minor maintenance of its drafting equipment. 0. S. Shelton withdrew 9,360 cash in bank from the company for personal use. p. The company paid 1,500 cash in bank for wages to a drafting assistant. q. The company paid 3,000 cash in bank for advertisements in the local newspaper during June. Requirement: 1. Prepare general journal entries to record these transactions (use the ElCCDUllt titles listed in part 2). 2. Record these above transactions in T account, and key the entries with letter of the transactions (Cash on hand; cash in bank; Accotuits Receivable; Prepaid Insurance ; Office Equipment; Drafting Equipment; Building ; Land-using right ; Accounts Payable; LIT borrowing; S. Shelton