Journal Entries- Prepare journal entries in correct form to record the following transactions for ABC Co. Use appropriate account titles. Omit explanations and skip a line between entries 4 points each. June 10 Issued common stock for 40,000 cash. June 12 Paid 1,800 for salaries in the current period. Performed 1,500 of services on account for a customer June 20 Purchased equipment for use in the business at a cost of 8,000. 3,000 was paid in cash and the company signed a note for the balance. June 29 Collected 500 from a customer on account. June 30 ABC Co. paid 900 for electricity used in June. June 15 First, you will need to create a table to complete this question. In Canvas, select the table icon as shown below to create your table. BI y 1x E33 x x 12pt x Tov v Paragraph Use these headings for the table. Date Account Debit Credit