Instructions: Prepare the proper Journal Entries of the listed economic events, using the T accounts. 1-Jun Mr. Luke Smith investment to the new business to $30,000 1-Jun Paid prepaid coverage insurance for 24 months $2,400 2-Jun Purchased supplies with cash $2,500. 2-Jun Purchased equipment with cash $26,000 5-Jun Purchase supplies on credit $7,100 10-Jun Provided services and received cash for $6,200 10-Jun Paid rent for month $1,000 14-Jun Payment to $700 for employee salary 15-Jun The customer is billed $1,900 for these service on credit 20-Jun Payment of account for supplies purchased in June 5 $900 24-Jun Received of cash on account from the client $1700 27-Jun Withdrawal of cash by owner $200 27-Jun Received cash provide services from customer $3,000 29-Jun Purchase supplies for cash $120 30-Jun Paid utilities expense in cash for month $230 30-Jun Payment to $700 for employee salary