pions Aly Transaction Entries Creative Designs, a firm providing art services for advertisers, began business on June 1. The following accounts in its general ledger are needed to record the transactions for june: Cash Accounts Receivable; Supplies Office Equipment Accounts Payable: Common Stock Dividends: Service Fees Earned; Rent Expense: Utilities Expense and Salaries Expense. une 1 an invested $17.000 cach to be in the business, the received common stock for her investment 2 Paidret for ut, $1.450 3 Purchased office equipment on account. $6.900 6 Purchased art materials and other supplies costing 14.300 paid $2.800 down with the remainder due within 30 days. 11 wed clients for VI, 1.200 17 Collected 3.7 from concount 19 Pad 33.500 on account to office equipment company se pune transaction. 25 a Ryan received a $2.500 vidend. 30 Padily bill for ne 55 30 Pad salaries for in, S.000 Accounting Equation Journal Entries 3. Using the accounting equation record each of the transactions in columnar format Use negative signs with your answers, when appropriate ACCOUNTS Receivable Supplies . Once Equipment Accounts Payable common stock Retained Earning Me Transaction Entries Creative Designs, a firm providing art services for advertisers, began business on June 1. The following accounts in it Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Common Stock: Dividends; Service Fees Earned, June 1 Lisa Ryan invested $17,000 cash to begin the business; she received common stock for her investment. 2 Paid rent for June, $1,450. 3 Purchased office equipment on account, $6,900. 6 Purchased art materials and other supplies costing $4,300; paid $2,300 down with the remainder due within 30 days. 11 Billed clients for services, $8,200. 17 Collected $3,750 from clients on account. 19 Paid $3,500 on account to office equipment company (see June 3 transaction). 25 Lisa Ryan received a $2,500 dividend 30 Paid utility bill for June, $850. 30 Paid salaries for June, $3,000 Accounting Equation Journal Entries