Pridham Welding Company had the following transactions for June. June 1 Tyler Pridham invested $9,500 cash in a small welding business. 2 Bought used welding equipment on account for $2,650. 5 Hired an employee to start work on July 15. Agreed on a salary of $3,500 per month. 17 Billed R. Windl $2,130 for welding work done. 27 Received $1,050 cash from R. Windl for work billed on June 17. For each transaction, indicate the basic type of account debited/credited, specific account debited/credited, the effect of a debit/credit on the account, and the amount. Use the following format, in which the first one has been done for you as an example. (If no entry is required, select "No Entry for the specific accounts and enter for the amounts, leave other fields blank.) Basic Type Increase/Decrease Specific Account Amount June 1 Asset Increases Cash $9,500 Debit Credit Owner's Equity Increases T. Pridham, Capital $9,500 Debit Credit Debit Credit Debit Credit 27 Debit Credit Journalize the transactions. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (Invested cash in business) (Purchased equipment on account) (Hired an employee) (Hired an employee) (Performed services on account for R. Windl) (Collected cash on account from R. Windl)