Jacob Hernandez began a tax consulting business on June 1. Record journal entries for the following transactions and create a ledger and set of financial statements for the business for the month of June. June 1: Began the business by putting $25,000 in a bank account in the name of the business. (Jacob received stock certificates as evidence of his investment in the business.) June 2: Rented office space and paid $1,500 cash for the first month of rent. June 2: Purchased supplies on credit for $600. June 5: Purchased office furniture for $5,600 cash. June 6: Purchased computers, printers, scanners, and other equipment on credit for $4,400. June 15: Received $5,000 cash for upon completion of a consulting job. June 16: Paid the $600 debt he owed for the supplies. June 18: Bought a car for $15,000. Paid $2,500 down and signed a note payable for $ 12,500. June 20: Billed a client $3,250 upon completion of a consulting job. June 25: Paid $1,100 cash to an assistant for wages