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Perez Engineering completed the following transactions in the month of June Using the following transactions, record journal entries, create financial statements, and assess the impact

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Perez Engineering completed the following transactions in the month of June Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements Jun 1 Juan Perez, the ownerinvested $118,999 cash, office equipment with a value of $9,500 and 599,000 of drafting equipment to launch the company Jun 2 The company purchased land worth $53,500 for an office by paying $12,600 cash and signing a long tere note payable for $40,900 Jun 3 The company purchased a portable building with $50,500 cash and moved it onto the land acquired on June 2 Jun 4 The company paid $5.700 catch for the premium on an 18-month insurance policy Jun 5 The company completed and delivered a set of plans for a client and collected $9.800 cash Jun The company purchased $25,400 of additional drafting equipment by paying $14,000 cash and conting a long term note payable for $11,400 Jun 7. The company completed 321,200 of engineering services for a client. This amount is to be receive 39 days Jun 3 The company purchased 51,600 of additional office equipment on credit Jun 9 The company completed engineering services for $23,000 on credit Sun 10 The company received a bill for rent of equipment that was used on a recently completed the $1.750 rent cost must be paid within 3 days Jun 12 The company collected $10, see cash in partial payment from the client balled on June 3 Jun 14 The company paid $1,000 cash for wages to a drafting assistant Jun. 17 The company paid $1,600 cash to settle the account payable created in on June 15 Jun. 20. The company paid $1 150 cash for minor maintenance of its drafting equipment Jun 23 Juan Pere withdrew $9,660 cash from the company for personal use Jun 28 The company paid $1,000 cash for wages to a drawing assistant Jun 29 The company paid $2,860 cash for advertisements on the web during June General General Requirement Income st Owners Joumal mal Balance Impact on Ledger statement Balance Sheet Equity Equity Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions, entering the debits before the credits. Each transaction is automatically posted to the General Ledger and the Triat Balance as soon as you click "Record Entry Show less View transactions Journal entry worksheet 1 2 3 4 5 6 7 8 ... 17 Jun. 1) Juan Perez, the owner, invested $118,000 cash, office equipment with a value of $9,500, and $69,000 of drafting equipment to launch the company Note: Enter debts before credits Account Tide Debit Credit Date Jun 01 Record entry Clear entry View general journal

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