June 1 Started the business with (ID x 500) in cash. June 2 Borrowed (ID x 50) + $100,000 in the form of a note payable. June 2 Purchased land with cash for (ID x 12). June 2 Purchased building with cash for (ID x 150). June 3 Purchased equipment on account for (ID x 50). June 4 Purchased a 12-month insurance policy for $24,000. June 5 Purchased $10,000 of Food and Beverage Inventory on account. June 5 Generated $55,000 in room revenue. The guests paid cash. June 6 Generated $3,000 in food and beverage revenue on account. June 10 Paid $1,500 in cash for advertising. June 15 Paid a utility bill of $2,000 in cash. June 18 Received a $500 cash deposit for a future banquet. June 22 Paid $1,800 in cash to repair an elevator. June 28 Paid $4,000 in wages in cash. June 30 You withdraw $500 from the business for personal use. Required: 1. Prepare journal entries in good form for the transactions above. 2. Post the journal entries into T-accounts (make sure you have a total amount for each account). There should be no hardcoded numbers on the T-accounts, only formulas. 3. Complete a trial balance in good form as of June 30, 20xx (make sure you have headers and totals). There should be no hardcoded numbers on the trial balance, only formulas.