For each transaction, $(1)$ analyze the transaction using the accounting equation, $(2)$ record the transaction

in journal entry form, and $(3)$ post the entry using T$-$accounts to represent ledger accounts.

a$.$ On June $15,$ purchased $$38,000$ of machinery by signing a note payable for $$38,000.$

b$.$ On June $21,$ purchased supplies on credit for $$440.$

c$.$ On June $25,$ received $$8,600$ cash for performing consulting services.

d$.$ On June $30,$ received $$1,800$ cash in advance of providing services to a customer.

Enter answers in the tabs below.

Analyze each transaction using the accounting equation.

Note: Enter total amounts only.