Journalizing Transactions in Template, Journal Entry Form and T-Accounts. Please use the FSET template and complete the required questions for A, B, and C below.

LO2 M3-21. Journalizing Transactions in Template, Journal Entry Form, and T-Accounts Creative Designs, a firm providing art services for advertisers, began business on June 1,2015. The following transactions occurred during the month of June June 1 Anne Clem invested $12,000 cash to begin the business in exchange for common stock. 1BC 2 Paid $950 cash for June rent. m3-2) Cont June 3 Purchased $6,400 of office equipment on account. Chapter 3 Adjusting Accounts for Financial Sta 6 Purchased $3,800 of art materials and other supplies; paid $1,800 cash with the remainder due within 30 days. 11 Billed clients $4,700 for services rendered. 17 Collected $3.250 cash from clients on their accounts 19 Paid $3,000 cash toward the account for office equipment suppliers (see June 3). 25 Paid $900 cash for dividends. 30 Paid $350 cash for June utilities. 30 Paid $2,500 cash for June salaries. REQUIRED a. Record the above transactions for June using the financial statement effects template b. The following accounts in its general ledger are needed to record the transactions for June Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Common Stock Retained Earnings; Service Fees Earned: Rent Expense; Utilities Expense; and Salaries Expense. Record the above transactions for June in journal entry form. Set up T-accounts for each of the ledger accounts and post the entries to them (key the num- bers in T-accounts by date) c. Financial Statement Effects Template (FSET) Balance Sheet ncome Statement Earned Capital Noncash Transaction Cash Assets + Liabilities +Contributed RevenueExpensesNet Income Assets Capital