Peter loves dogs and cats. For the past several years, he has owned and operated Homeward Bound, which temporarily houses pets while their owners go on vacation. For the month of June, the company has the following transactions: 1. June 92 obtain cash by borrowing $20,080 from the bank by signing a note. 2. June 03 pay rent for the current month, $1,000. 3. June 97 Provide services to customers, $4,800 for cash and $3,100 on account. 4. June 11 Purchase cages and equipment necessary to maintain the animals, $8,600 cash. 5. June 17 Pay employces' salaries for the first half of the month, $6,100. 6. June 22 Pay dividends to stockholders, $1,450. 7. June 25 Recelve cash in advance from a custoner who wants to house his two dogs (Chance and Shadow) and cat (Sassy) while he goes on vacation the nonth of July, $1,900. 8. 2une 28 Pay utilities for the month, $2,900. 9. June 30 Record salaries earned by eepleyees for the second half of the month, $6,100. Paymont wi1l be made on July 2. Required: 1. Record each transaction. 2. Identify the transactions involving cash. 3. Assuming the balance of cash at the beginning of June is $14,300, post each cash transaction to the Cash T-account. 4. Prepare a statement of cash flows for the month of June, properly classifying each of the cash transactions into operating. investing. and financing activities. Assume that the balance of cash at the beginning of June is $14,300 tecord each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 236789 Record receipt of cash by borrowing $20,000 from the bank by signing a note. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Identify the transactions involving cash. (Select all that apply.) Complete this question by entering your answers in the tabs below. Assuming the balance of cash at the beginning of June is $14,300, post each cash transaction to the Cash T-account. Prepare a statement of cash flows for the month of June, properly classifying each of the cash transactions into operating, investing, and financing activities. Assume that the balance of cash at the beginning of June is 514,300 . (List cash outfiows. and decrease in cash as negative amounts. Total entries from the same source together wher entering in the statement of cash flows.) Peter loves dogs and cats. For the past several years, he has owned and operated Homeward Bound, which temporarily houses pets while their owners go on vacation. For the month of June, the company has the following transactions: 1. June 92 obtain cash by borrowing $20,080 from the bank by signing a note. 2. June 03 pay rent for the current month, $1,000. 3. June 97 Provide services to customers, $4,800 for cash and $3,100 on account. 4. June 11 Purchase cages and equipment necessary to maintain the animals, $8,600 cash. 5. June 17 Pay employces' salaries for the first half of the month, $6,100. 6. June 22 Pay dividends to stockholders, $1,450. 7. June 25 Recelve cash in advance from a custoner who wants to house his two dogs (Chance and Shadow) and cat (Sassy) while he goes on vacation the nonth of July, $1,900. 8. 2une 28 Pay utilities for the month, $2,900. 9. June 30 Record salaries earned by eepleyees for the second half of the month, $6,100. Paymont wi1l be made on July 2. Required: 1. Record each transaction. 2. Identify the transactions involving cash. 3. Assuming the balance of cash at the beginning of June is $14,300, post each cash transaction to the Cash T-account. 4. Prepare a statement of cash flows for the month of June, properly classifying each of the cash transactions into operating. investing. and financing activities. Assume that the balance of cash at the beginning of June is $14,300 tecord each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 236789 Record receipt of cash by borrowing $20,000 from the bank by signing a note. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Identify the transactions involving cash. (Select all that apply.) Complete this question by entering your answers in the tabs below. Assuming the balance of cash at the beginning of June is $14,300, post each cash transaction to the Cash T-account. Prepare a statement of cash flows for the month of June, properly classifying each of the cash transactions into operating, investing, and financing activities. Assume that the balance of cash at the beginning of June is 514,300 . (List cash outfiows. and decrease in cash as negative amounts. Total entries from the same source together wher entering in the statement of cash flows.)