James started an accounting firm on 1 June 2022. During the first month of operations, the business completed the following transactions: June 1 James contributed $40 000 cash and his personal vehicle worth $15 000 to the business. June 4 Purchased office supplies, $1 200 and furniture, $1 900, on credit. June 7 Performed advisory services for a client and received $2 300 cash. June 10 Borrowed $16 000 from the bank for business use. June 15 Paid $1 800 for a 12-month insurance policy starting on 1 July. June 17 Paid for the office supplies purchased on June 4 on - credit June 20 Received $2 800 cash for advisory services to be performed in July. June 22 Paid monthly rent expenses, $1 700. June 30 James - withdrew cash $3 500. Required: Prepare journal entries for the month of June transactions. Explanations are not required (10 marks).