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On June 08, Lynne Jones opened a bank account in the name of her new business, Bluegrass Company, by making a bank deposit of $82,000

  1. On June 08, Lynne Jones opened a bank account in the name of her new business, Bluegrass Company, by making a bank deposit of $82,000 cash.

  1. On June 12, a land was acquired for $36,000 cash.

  1. On June 14, a building was purchased from E-Z Built Corporation at a cost of $40,800.A cash payment of $10,200 was made and the note payable was issued for the balance.

  1. On June 20, office equipment was purchased on $7100.A cash down payment of $1100 was made and it was agreed the remaining balance will be made in 30-days.

  1. On June 26, $3400 of the amount due E-Z Built Corporation was paid.

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Prepare the General Journal Entries only.

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