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Jun 26: Paid $2,450 on account. Jun 30: Revenues earned during the month included $13,000 cash and $24,000 on account. Make a cor Jun 30: Paid employees' salaries, $2,600; office rent, $1,600; and utilities, $600. Make a compound entry More info Jun 1 Sold $55,000 of common stock to Sateen to start the business. 3 Paid $300 for the purchase of office supplies. 8 Paid $34,000 cash to purchase land for an office site. 12 Purchased office equipment on account, $1,500. 17 Borrowed $50,000 from the bank. Sateen signed a note payable to the bank in the name of the business. 26 Fiaid $2,450 on account. 30 Revenues earned during the month included $13,000 cash and $24,000 on account. 30 Paid employees' salaries, $2,600; office rent, $1,600; and utilities, $600. 30 Paid $1,000 of dividends to stockholder, Sateen. More info Cash, Accounts receivable, Supplies, Land, Office equipment, Accounts payable, Notes payable, Common stock, Dividends, Service revenue, Salaries expense, Rent expense, and Utilities expense. Angela Sateen practices linw under the business Ule Angela Saten, Aftomey at Law, Inc, During June, her law practice engaged in the following transactions: (i) (Click the icon to view the transactions ) Soteen's business uses the following accounts (Click the icon to view the accoounth) Requirement 1. Joumalize each transaction. No explanations are necessary. (Record debits fint, then credits. Exclude explanations from any joumai entries.) Jun 1: Sold 555,000 of common stock to Sateen to start the buiness. Angela Sateen practices law under the business title Angela Sateen, Attorney at Law, Inc. During Jun 8: Paid $34,000 cash to purchase land for an office site. Jun 12: Purchased office equipment on account, $1,500. Journal Entry Jun 30: Paid employees' salaries, $2,600; office rent, $1,600; and utilities, $600. Make a compound entry. Journal Entry Jun 30: Paid $1,000 of dividends to stockholder, Sateen