Kelly Fischer, who is a horticulture specialist, established Kelly's Yard Service, Inc. In Albuquerque on January 2016. The following schedule represents the crganization's. chart of accounts and triat balance as of May 31, 2016: The general ledger also revealed account Legal; Accounting Expense. The following transactions occurred during June, 2016 : June 1 Coliected $7,500 on account from customers. 7 Sold 25% of the equipment and supplies to a friend for cash, $700. 10 Received a $500 bill from the accountant for preparation of last quarter's financial statements. The general ledger also revesled account Legal; Accounting Expense. The following transactions occurred during June, 2016 : June 1 Collected $7,500 on eccount from customers. 7 Sold 25% of the equipment and supplins to a friend for cash, $700. 10 Recelved a $500 bill from the accountant for preparation of last quarter's financial statements. 15 Paid $2,100 to creditors on account. 27 Pald Dividedns of 1,000 in cash. 30 Billed a customer $3,000 for services this month. You are required to: a. Record the necessary journal entries for June, b. Open the necessary T-accounts and enter May 31 balances. c. Prepare a trial balance as of June 30,2016. d. Prepare an income statement e. Prepare a statement of owners' equity for the two months ended June 30, 2016 f. Prepare a balance sheet as of June 30,2016 . Kelly's Yard Service, Inc General Journal frrmintettetto Date 2016 Jun 1 To record collection from a customer on account Sold part of equipment and supplies for cash. H Jun 10 Detail y in \begin{tabular}{|c|} \hline( \\ \hline To record collection from a customer \\ \hline \end{tabular} : ii Debit Credit $ s (Jun 7 \#