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N.Y. Co had the following beginnig normal balances on June 1, 2020: Cash 70,000 Accounts receivable 20,000 Supplies 4,000 Equipment 80,000 Land 200,000 Unearned Revenues

N.Y. Co had the following beginnig normal balances on June 1, 2020:
Cash 70,000
Accounts receivable 20,000
Supplies 4,000
Equipment 80,000
Land 200,000
Unearned Revenues 10,000
Accounts payable 40,000
Note payable 54,000
Common stock 150,000
Retained Earnings 120,000

N.Y. Co had the following transactions in the month of June 2020:
1 The company received cash of $35,000 and issued common stock to the shareholders.
8 Sold equipment on account for $10,000.
9 Performed services billed at $3,000 and received cash of $2,000.
10 Received $6,500 in advance for service to be performed later in June.
12 Paid salaries of $1,000.
15 Collected $6,000 on account (related to the June 8 sale).
22 Purchased office supplies on account for $7,000.
25 Paid amount due for office supplies.
27 Performed service that was pre-paid on June 10th.
30 Paid June's monthly rent of $500.
30 The Board of Directors declared and paid dividends of $1,000.

1. Record all transactions in the journal. List the transactions by date. No explanation is needed.

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