Quality Service Inc. has the following account balances in their Chart of accounts as at June 1, 2018: o Cash - $138,000 Accounts receivable - $0 o Land - $30,000 o Building - $0 o Supplies - $0 Salary expense - $0 Notes payable - $0 Accounts payable - $0 Quality, capital - $70,000 Service revenue - $98,000 Utilities - $0 The company also presented the following transactions for the month: June 1. Purchased supplies for $1000 on account June 4. Purchased a building for $62,100 cash June 6. Performed service for a client on account. $12,000 June 10. Borrowed $7.000 cash, signing a note payable June 13. Paid the liability from June 1 June 17. Sold for $15.000 land that had cost this same amount June 21. Received $8000 cash from June 6 transaction June 30. Paid utilities expense of $600 and salary expense $2.500 Using the account balances for Quality Service Inc. in Week 2, prepare the following: 1. Trial Balance as at June 30th, 2018 2. Income Statement for the month ended June 30th, 2018 3. Statement of Owner's Equity for the month ended June 30th, 2018 4. Balance Sheet as at June 30th, 2018 Part II Together Everyone chieves Quality Services Inc. made the following accounting errors during the recent month. Requirement: Make the necessary journal entries to correct these errors. 1. The company recorded a $450 purchase of supplies on account by debiting Supplies and crediting Accounts payable for $540. 2. In journalizing a receipt of cash for service revenue, cash was debited for $120 instead of the correct amount of $1200. The credit was correct. 3. In recording an $800 payment on account, Accounts receivable was credited instead of cash