Part 3: Using transactions provided in the worksheet below, complete the following: (1) create journal entries for your company using the template provided; and (2) complete the Trial Balance at January 31, 2018 using the same template. Transactions June 1st ABC Company receives $50,000 cash from the owner as a contribution. June 3rd ABC Company pays $32,000 cash for equipment. June 5th ABC Company purchases $15,000 of merchandise inventory on credit from a supplier. June 8th ABC Company pays $ 800 in cash for employee salary. June 11th ABC Company pays $15,000 cash to settle the account payable created on June 5th. June 15th The owner withdraws $1,000 cash from ABC Company for personal use. June 19th ABC Company sold merchandise inventory that had cost $8,000 for $11,000 cash (Note: This transaction will require two journal entries). June 24th ABC Company pays $560 cash for this month's utilities June 27th ABC Company pays $6,000 cash (insurance premium) for a 6-month insurance policy. Coverage begins July 1st. June 30th ABC Company pays $2,000 cash for rent. Part 3 Required: Enter the jourrntries from the transactions found on the Transaction tab Journal Entries Account Number Date Account Title Debit Credit Transactions Journal Trial Balance Part 3 Required: Enter the journtries from the transactions found on the Transaction tab Journal Entries Account Number Date Account Title Debit Credit Transactions Journal Trial Balance Part 3 Required: Complete the Trial Balance as of June 30, 2020 Trial Balance Debit Credit Account Number 101 110 120 130 201 301 302 401 601 602 603 604 Account Title Checking Merchandise Inventory Prepaid Insurance Equipment Accounts Payable Owner's Capital Owner's Withdrawals Sales Revenue COGS Salary Expense Utility Expense Rent Expense Transactions Journal Trial Balance