INSTRUCTIONS: prepare the journal entries, t-accounts and trial balance Dr. James Reid, a dentist, established Reid Clinic the following transactions occurred during June of this year: June 1. Reid deposited 280,000 in a bank account in the name of the business 3. bought a 3-in 1 office equipment from Pitular Equipment for 4,950, paying 1,000 cash and the balance on account 5. bought waiting room chairs and a table, paying cash 12,300 7 bought office intercom on account from NE Office Supply, 2,750 8 received and paid telephone bill 1,080 10 performed professional service on account, 12,940 12 received and paid the electric bill, 1,850 13 received and paid the bill for the Regional and Dental Convention 3,500 17 performed professional services for cash, 17,650 19 partially settled accounts with NE Office Supply, 1,000 25 paid rent for the month, 8,400 26 paid salaries of the part time receptionist, 3,500 30 Reid withdrew cash for personal use, 8,500 30 Received 5,500 on account from patients who were previously billed On May 1, 2018, Jimelyn Evangelista opened Self Service Laundry. During May the following transactions were completed. 1. Ma. Evangelista deposited 250,000 in a bank account in the name of the business 3. Bought cahirs and a table paying cash, 6,700 5. bought laundry supplies on account from Subic Supply Inc., 3,250 7. paid rent for the month 5,750 8 bought washing machines and dryers from Bataan Equipment Corp., 115,000 10 revenues earned on cash basis for the first half of the month19,250 12 bought insurance for one year, 5,600 13 received and paid electric bill, 2,080 17 revenues earned on cash basis for the second half of the month, 12,350 19 paid salaries for the part time assistant, 7,400 25 Evangelista withdrew cash for personal use, 5,000 26 paid accounts to Subic supply Inc., 2,750 30 paid the City Government for sidewalk repair assessment 2,800