Preparing Journal Entries and Posting Create a T $-$account for each account, and then post the journal entries to the T $-$accounts.

Enter transactions in the T$-$accounts in the order they appear.

$\backslash$table$[[$June$,1,$M$.$ Defond invested $$9,000$ cash to begin the business in exchange for common stock$]]$

$2$ Paid $$713$ cash for June rent. Hint: Record rent expense on June $2,$

$3$ Purchased $$4,800$ of office equipment on credit.

$6$ Purchased $$2,850$ of art materials and other supplies; the company paid $$1,350$ cash with the remainder due within $30$ days,

$11$ Billed clients $53,525$ for services rendered.

$17$ Collected $52,438$ cash from clients on their accounts billed on June $11.$

$19$ Paid $$2,250$ cash toward the account for office equipment $($see June $3).$

$25$ Paid $$675$ cash for dividends.

$30$ Paid $$263$ cash for June utilities.

$30$ Paid $$1,875$ cash for June wages.

Prepare a journal entry for each transaction. $($Record each transaction in the order it appears.$)$