Safari File Edit View History Bookmarks Window Help ezta,mheducatlan.com points transactions in the month of June Aracel Engineering oompleted the following a. Jenna Aracel, the owner, invested $100,000 cash, office equipment with a value of$5,000, and $60,000 of drafting equipment to launch the company. b. The company purchased land worth$9,000 for an office by paying $6,300 cash and signing a long- term note payable for $42,700 c. The company purchased a portable building with $55,000 cash and moved it onto the land acquired d. The company paid $3,000 cash for the premium on an 1 8-month insurance policy. e. The company completed and delivered a set of plans for a client and collected $8,200 cash. The company purchased $20,000 of additional drafting equipment by paying $9,500 cash and signing a long-term note payable for $10,500. g. The company completed $14,000 of engineering services for a client. This amount is to be received 30 days. h. The company purchased $1.150 of additional office equipment on credit. L The company completed engineering servioes for $22,000 on credit. The company received a bill for rent of equipment that was used on a recently completed job. The $1.333 rent cost must be paid within 30 days. k. The company collected $7,000 cash in partial payment from the cient described in transaction L The company paid $1.200 cash for wages to a drafting assistant. m. The company paid $1.150 cash to settle the account payable created in transaction h n. The company paid $925 cash for minor maintenance of its drafting equipment. o. Jenna Aracel withdrew S9/480 cash from the company for personal use. p. The company paid $1,200 cash for wages to a drafting assistant. q. The company paid $2,500 cash for advertisements on the Web during June. 1. Prepare general journal entries to record these transactions using the followingtites cash 101 Expense (602) Advertising Expense (603) and Repairs Expense (604). Accounts payable Engineering fees earned Equipment Rental Expense 1,301 1,301