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Please help me post the journal entries into the ledger accounts. And help me prepare a trial balance as of the end of June. Problem

Please help me post the journal entries into the ledger accounts. image text in transcribed
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And help me prepare a trial balance as of the end of June.
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Problem 2-2A (Algo) Preparing and posting journal entries; preparing a trial balance LO A1, P1 Aracel Engineering completed the following transactions in the month of June. a. Jenna Aracel, the owner, invested $205,000 cash, office equipment with a value of $5,700, and $62,000 of drafting equipment to launch the company in exchange for common stock. b. The company purchased land worth $52,000 for an offlce by paying $6,700 cash and signing a long-term note payable for $45,300 c. The company purchased a portable building with $60,000 cash and moved it onto the land acquired in b. d. The company paid $4,700 cash for the premium on an 18-month insurance policy e. The company provided services to a client and collected $8,800 cash. f. The company purchased $30,000 of additional drafting equipment by paying $9,100 cash and signing a long-term note payable for $20,900 9. The company completed $18,000 of services for a client. This amount is to be received in 30 days. h. The company purchased $1,850 of additional office equipment on credit. 1. The company completed $22,000 of services for a customer on credit. 1. The company purchased $1,473 of TV advertising on credit. k. The company collected $10,000 cash in partial payment from the client described in transaction 9 L. The company paid $1,200 cash for employee wages. m. The company paid $1,850 cash to settle the account payable created in transaction h. n. The company paid $1,195 cash for repairs o. The company paid a $10,310 cash dividend p. The company paid $2,400 cash for employee woges q. The company paid $4,200 cash for advertisements on the Web during June Required: 1. Prepare general journal entries to record these transections using the following tities Cash (101): Accounts Recelvable (106); Prepaid insurance (108); Office Equipment (163); Drafting Equipment. (164), Bullding (170), Land (172). Accounts Payable (201). Notes Payable (250), Common Stock (307): Dividends (319), Services Revenue (403), Wages Expense (601); Advertsing Expense (603); and Repairs Expense (604) 2. Post the journal entries from part 1 to the ledger accounts 3. Prepare a trial balance os of the end of June Complete this question by entering your answers in the tabs below. Post the joumal entries from part 1 to the ledger accounts 9. The company completed $18,000 of services for a client. This amount is to be recelved in 30 days. h. The company purchased $1,850 of additional office equipment on credit. i. The company completed $22,000 of services for a customer on credit. j. The company purchased $1,473 of TV advertising on credit. k. The company collected $10,000 cash in partial payment from the client described in transaction g. 1. The company paid $1,200 cash for employee wages m. The company paid $1,850 cash to settle the account payable created in transaction h. n. The company paid $1,195 cash for repairs. o. The company paid a $10,310 cash dividend. p. The company paid $2,400 cash for employee wages. q. The company paid $4,200 cash for advertisements on the Web during June. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101): Accounts Receivable (106); Prepaid Insurance (108); Office Equipment (163); Drafting Equipment (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307): Dividends (319); Services Revenue (403); Woges Expense (601); Advertising Expense (603); and Repairs Expense (604). 2. Post the journal entries from part 1 to the ledger accounts 3. Prepare a trial balance as of the end of June. Complete this question by entering your answers in the tabs below. Prepare a trial balance as of the end of June

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