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owtime Saved Help Save & Ex ! Required information Problem 2-7B Complete the steps in the measurement of external transactions (LO2-4,2-5,2-6) (The following information applies

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owtime Saved Help Save & Ex ! Required information Problem 2-7B Complete the steps in the measurement of external transactions (LO2-4,2-5,2-6) (The following information applies to the questions displayed below.) Below are the transactions for Salukis Car Cleaning for June, the first month of operations. June 1 Obtain a loan of $61,000 from the bank by signing a note. June 2 Issue common stock in exchange for cash of $31,000. June 7 Purchase car wash equipment for $66,000 cash. June 10 Purchase cleaning supplies of $7,100 on account. June 12 Wash 410 cars for $10 each. All customers pay cash. June 16 Pay employees $810 for work performed. June 19 Pay for advertising in a local newspaper, coating $410. June 23 Wash 510 cars for $10 each on account. June 29 Pay employees $860 for work performed. June 30 A utility bill of $1,310 for the current month is paid. June 30 Pay dividends of $510 to stockholders. Problem 2-7B Part 1 Required: 1. Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) CO 2 1 Prev 3 Next > of 3 Showtime Saved Required information View transaction list Journal entry worksheet

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